Closed EURUSD trade for 100 pip profit. Looking back it reached 20 pip short of target of 141 pips. I think my trading style is daily charts, so Ashfx is more suitable. Still trader's discertion is required. Having pipnailer and Ashfx strategies are ...

"The Pip Nailer". Any time frame, any pair

risk management — This site has many great tools. Worth checking it out. This is for helping you calculate position size/risk management url LR

AshFX Daily

I Agree, in addition to your reasons above (TICKS IN THE BOX FOR NO TRADE)the weekly stochastics is down, it has been trading in a range for a while on the daily. I would wait to break the range either way before entering a trade on the daily TF. ...

AshFX Daily

Totally agree! Trade with the trend because TREND IS YOUR FRIEND! Best filter. We all are taught this but few stick to it 100% of the time. I call it GREED,IMPATIENT,LACK OF DISCIPLINE, any more ..... LR

AshFX Daily

I agree. LR

AshFX Daily

Please could you try posting your charts via Manage attachments(see post 2245) . It would help greatly to see the detail. Another suggestion use the vertical line tool to show entry or exit signals. LR

AshFX Daily

Why dont you try it and share your results on the forum! LR

AshFX Daily

Perfectly correct, They are all countertrend trades for the weekly TF. Being daily charts and most of these moves were large, these particular countertrends are expected to at least 38% retracement of the move. Even maybe 50% or 61.8% ...

AshFX Daily

GBPUSD is still not a valid trade on FXDD platform(recommended broker as it does not have a SUNDAY CANDLE). Should not have entered the trade. The rest are all SS trades. The direction of EURUSD,AUDUSD,GBPUSD is UP, USDCHF and USDJPY is SHORT. ...

AshFX Daily

I did mention it is not the FXDD feed. I use this feed(DEMO only) as only a few brokers offer dollar index on the MT4 platform. forexltd is the broker. They offer forex and lots and lots more in terms of stocks and other indices. LR

AshFX Daily

I agree Chuckb. Stick with the higher probability trades. LR

AshFX Daily

USDX — Thought I would add my dollar index price analysis on weekly and daily charts in relation to ASHFX signals. One can see why the USD based currencies are doing what they are doing. $79.00 seems to be a strong resistance. Comments are ...

AshFX Daily

Greetings OZ Chuckb, You are welcome with info. I see what you mean now about 23% and 38% and trendline. One is from Weekly chart and the other from daily TF. I find these fib clusters so predictable as S&R zones. LR

AshFX Daily

Perth, Australia And yourself? I assume you are downunder too?? LR

AshFX Daily

USDJPY — If you are referring to me as "analyst in the house". I am only a student of forex. I like the TOP DOWN Approach. Please feel free to comment and share your thoughts too. I am a believer the fibonanci studies. ( For those interested ...

AshFX Daily

Trade still open with 95 pip profit as I write this post. I agree only use different broker feeds with discretion on individual trades. I see another fib cluster of resistence at approx 1.4960. So Ithink the 141 pips of the original P/T is ...

"The Pip Nailer". Any time frame, any pair

1. GO to FILE. 2. SAVE picture as... 3.ACTIVE CHART ......Save on desktop (Is the easiest) with a description of your choice so you can findit easily. Then... When you post on the forum: 1.Scroll further down to ADDITIONAL OPTIONS 2.Attach ...

AshFX Daily

what software on the right of my charts? — Are you refering to the clock? It is an indicator of which is available under the attachment(Paperclip) of the thread. If referring to the detail of the fib tool. After you draw a fib line study,in ...

AshFX Daily

I agree, broker feed is different. On IBFX the P/T =40 pips. I agree you open at the next candle of signal candle as marked. The red line on my chart shows the signal candle not entry candle. However, the P/T is from signal candle which is 141 pips ...

"The Pip Nailer". Any time frame, any pair

please include chart . LR

AshFX Daily