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forexmoments replied Jul 15, 2008Ok guys, this is my recommendation for tonight, and what trades I am taking: Short - Eur/Gbp (FIRST STRENGTH TRADE). Enter @ 0.7933, SL @ 0.7983, TP1 @ 0.7883, TP2 @ AO turns green. My advice is not to short Eur/Chf, the candle is relatively long, ...
AshFX Daily
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forexmoments replied Jul 15, 2008Guys, sometimes even though there may be a lot of setups, you don't have to necessarily trade each one. Look at the ones that aren't near S/R points, and/or the ones which aren't ranging, and then make a decision.
AshFX Daily
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forexmoments replied Jul 15, 2008Hi everyone. Apologies I haven't posted for a couple of days. Good to see people continuing on the thread in my absence, and most importantly, making pips. I have been getting many emails recently, from people asking me loads of questions about the ...
AshFX Daily
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forexmoments replied Jul 10, 2008Guys I'm going out right now, so I'm not taking any trades today.
AshFX Daily
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forexmoments replied Jul 10, 2008I have to admit I'm not an advocate of EA's, but this one has caught my attention. I'll be testing it from next week and will post my results here.
Weekly Open EA
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forexmoments replied Jul 10, 2008Guys, even though today has not been a pip-ridden day for AshFX Daily, bear in mind the nature of this system is that often you have to let the market play out for a few days to see the end picture. We're not stopped out on any of last nights ...
AshFX Daily
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forexmoments replied Jul 9, 2008If we're not in profit, then we let our positions run till they either hit our original SL, or our first TP. If our first TP is hit and the AO is already the opposite colour (in this case red), then we close all our positions for a profit.
AshFX Daily
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forexmoments replied Jul 9, 2008Correct. The reason why I had the blue line (i.e. SL) on the GBP/CHF chart at that point was because it's a very strong Support point stretching back into mid May, therefore we can use this to our advantage. Take a look:
AshFX Daily
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forexmoments replied Jul 9, 2008Have you read the PDF my friend? If you have, and you still don't understand, please mention which part of the manual you're not sure about, and I'll be happy to explain. Thanks.
AshFX Daily
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forexmoments replied Jul 9, 2008Actually it's the high minus the close. So it's equal to 0.9727 - 0.9679 = 48pips. (not 35)
AshFX Daily
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forexmoments replied Jul 9, 2008Yeah, I know it's uptrending, but I gathered since the initial TP would be around 35 pips, we'd make that. The system has taken these types of signals before and has come out trumps. See what happens eh.
AshFX Daily
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forexmoments replied Jul 9, 2008I don't really trade that pair, nor is there a signal on FXDD.
AshFX Daily