Author Archives: AshFX
System Hopping – Part of a learning process? I’ll admit it openly, when I first started trading Forex, I was a System Hopper. I used to check out different trading strategies. I don’t have a finance degree, no-one taught me …
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Looks like I might have been wrong in calling this one a no trade people. Based off the AshFX V2 System, it was a definite sell set-up, but the signal candle for me was way too long. I know others …
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Pulling up the monthly chart on GBP/USD, we can see how it’s tested the (red) trendline on a few occasions over the past couple of years. Even in November ALREADY it’s been tested. Taking a look at the indicators at …
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Taking a look at today’s EUR/USD D1 Chart, we can see how price stopped at around the 1.4700. This guys, was a virtual given – 1.4700 being a psycologial support/resistance point, AND the fact that it’s at the 61.8 Fib …
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Steve Hopwood has very kindly updated the latest EA for the AshFX V2 system… “I leave the robot on 24/5 but it probably isn’t necessary unless it is managing trades as well as looking for them. If you do not …
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Ok, so today we have the following setups: – Buy AUD/NZD – Buy EUR/AUD – Sell GBP/JPY – Sell AUD/CAD Personally I wouldn’t advise trading taking the first two. AUD/NZD’s candle is too long. EUR/AUD’s Stochastics are too choppy, plus …
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Eur/Usd – Today’s Outlook Taking a look at today’s EUR/USD H4 Chart, we can see how price stopped at around the 1.4850, bounced back up, and reacted to the 38.2 Fib line to the pip. Price has now come back …
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Trading on currencies can be very addictive. The market is moving all the time, 24 hours a day, and you can always find a moment for grabbing a look at the charts and seeing a possible move. Such a move …
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