EUR/USD ready to go !EUR/USD has just formed a heikin ashi doji after a long downtrend, a possible trend reversal is imminent.
The stochastic is also oversold and ready to move up.
Ashi
12hr BTC/USD vs 3hr MACDAll good. Im all good with sideways price action as the indicators cool off a bit.
DOT ready to go !A strong doji has formed after a retrace signifying that this retrace is coming to an end. The price has already started to move up since the doji.
Stochastic has just re-entered as well after being oversold.
Short opportunity on Enjin coin Enjin coin has been on a massive bull run recently. The price has started to form the Heikin-Ashi system and the strong doji that has formed indicates a downtrend is imminent. Buy to cover at around 1.53
AG FIRST MAJESTIC on HEINKI ASHIOK, i use Heinki Ashi ´s candle style charts the filter noise and spot trend reversals
this is the Daily time frame for AG
I still long and guess this stock will close today above 17,40 or nearby (nothing is sure of course)
to me First majestic as a relative high spread and goes side ways, for now i expect the stock will reach again $20
now the price is fighting with the MA20, it ´s normal to see here some resistance, let ´s see how the stock handle that
Silver as been strongly shorted today but at end the shorts seems to not to get a big strength
approximately 12:30 in NYC not the best hour to post a graph, the price on this stock tends to go higher at the end of the session
let ´s see :-)
Try Heinki Ashi to spot trends reversal as an exercise
good luck
any advise are my own opinion and i ´m not able to read the future, so take care it ´s risky :-)
Charlie
Gold long, is this the turning point !!?as we can see, gold has formed our Heikin-Ashi system, the doji formed a few days earlier however a long now is still a good
trade. this looks like a turning point after a long daily downtrend.
I advise risking 2 % of your capital on this trade
possible quick long opportunity before short ! the price has broken major support levels meaning that a big move down is likely. however a retrace is also showing on the Heikin-Ashi which means there is a quick long opportunity before the short. the stochastic is still oversold and will potentially reach the overbought area before the price starts to move down. this is an ideal situation to increase your profit before shorting the price by catching the retrace.
Quick profit heikin-ashi trade! System test Here is a good example of the Heikin-Ashi system in action in a forex market
Always watch for the main signals to enter or sell: donchian, stochastic, heikin-ashi doji, CMF
This trade as shown worked well, always make sure that each signal has been ‘ticked’ before entering or selling.
Live trade ideas coming soon!
Custom Strategy : Heiken Ashi + RSI + Mama-Kama-Fama I want to share a custom strategy I have been developing on my very own and get your thoughts about it?
I have no friends trader, no mentor, no one I can share my thoughts with, that's why I present my strategies to find other traders interested in sharing and building - perfecting these with me. Together we are stronger.
If you find something to say about it, if you have skills to share (are you able to build trading bots?), please feel free to contact me with your ideas :)
I recently discovered the Mama-Fama-Kama indicator (via @rumpypumpydumpy Thank you so much for your work!) and it acts like a very powerful filter to the system IMO.
Talking about filters, the top-down approach stays the best of all and if you apply it correctly, it gives you in advance the direction of the trade you must look for and the zones you must pay attention to. Then, you simply/strictly follow your rules to catch a valid entry. After that you manage your trade manually or set another set of rules for exit.
I let you have a look. Do you see the rules of the strategy and how to apply? I will post all rules later ...
I don't have the time to continue now, but I will show you how I scalp using only 2 confluent timeframes and how you can literally spot the valid entries before/or at least right when they happen.
As it is commonly said, all indicators are lagging behind the price, my goal was always to find a way to get the opposite and build a system that would give a leading signal. I know some succeeded in this quest, so why not us too?!
Shorting or taking profit, Heikin Ashi !This is the final example of the day on knowing when to take profit and also timing a short with Heikin-Ashi.
Very simple strategy that works very well if followed properly.
Previous posts explain in detail.
Heikin-Ashi system, how to get out and take profitIn this idea you are shown when the uptrend is showing signs of weakness and when it’s a good time to take your profits before the trend change. It can also be a good place to short a market.
Indicator 1= stochastic is overbought and ready to head down
Indicator 2= Price has hit upper band of donchian channel
Indicator 3= CMF heading back towards 0 line
Indicator 4= red doji is also a very strong indicator along with the green doji before it
Second example of Heikin-Ashi system, legendary profitsHere is another example following on from my first post. Another indicator that’s important is when the CMF is below the 0 line and starts to turn towards the 0 line. this is a sign of strength and a sign that the weakness in the market(downtrend) is coming to an end. The change comes at the exact point of the Heikin-Ashi doji which means that this is a strong entry.
As you can see this trade worked out and proves that Heikin-Ashi can be very profitable if it is followed properly.
Heikin-Ashi system (simplified) This is my main heikin-ashi system.
Heikin-Ashi is a Japanese indicator that means ‘average bar’
Its main purpose is to show the general trend and the strength of each trend, it also gives clues to when a trend change may happen. Heikin-Ashi is a powerful tool that can be used in swing trading to make big profits!
The following is a simple but very useful system. The entry criteria is as follows:
Indicator 1 = Down-move to bottom of donchian channel or bottom band, normally a wick that touches it, as seen on the chart
Indicator 2 = Oversold on stochastic (stochastic is low) and ready to head up.
Indicator 3 = heikin ashi doji which is indicated on the chart (green) strong entry, (red doji) slightly weaker entry.
Live ideas about this system coming soon!
$BTC: Heikin Ashi showing signs of a turn around? Patience!!On the daily heikin chart, we're seeing the first bullish doji forming, which is a sign of indecision and the possible end of this downward trend that we've been in the last week. This 26% correction is fantastic for reloading on fuel for the next push higher. There's almost a 0% chance that 58k was the "top" and that we won't see #Bitcoin push towards the inevitable 6 figures.
I'll be looking to long the breakout of the top wick on this doji that's forming today. On the heikin ashi chart if price action was to push above that level, it would show an actual reversal in the trend. Be careful trying to long before that as the bullish doji in the micro downward trend might just be a pause before continuation. $BTC has multiple 30-40% corrections in its last run, and I would never count out the whales from a nice fake, followed by a liquidation of overleveraged moon boys, and then a subsequent earth shattering pump. Let's be patient and find out!
UPRO Long Swing TradeBUY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign.
SELL on first red heiken ashi candle.
TP1 is about 3% or $89.68, where I'll take of 25% of the position if that is hit.
TP2 @ 5%/$91.42 (25% of position)
TP3 @ 7%/$93.16 (25% of position)
Strategy Statistics from backtest since UPRO conception (no take profits)
Win%: 56.7%
Avg Win: 4.79%
Avg Loss: 3.16%
R:R: 1.52
SOXL Long Swing TradeBUY signal for SOXL all day last Friday, with a nice dip intraday to provide a buying opportunity.
SELL on first red heiken ashi candle.
TP1 is about 6% or $720, where I'll take of 25% of the position if that is hit.
TP2 @ 8%/$733 (25% of position)
TP3 @10%/$747 (25% of position)
Strategy Statistics from backtest since SOXL conception (no take profits)
Win%: 56%
Avg Win: 7.3%
Avg Loss: 4.65%
R:R: 1.58
$BTC: Heikin Ashi on the daily reduces noise = bullish trendI highly recommend this setup when looking at a daily bitcoin chart. Heikin ashi candles average out price movement and are a great way to reduce the noise when thinking about trends. A drawback of this is that if violent reversals happen, the heikin chart may lag a bit behind... so that's why I like the dual pane view. The trend is your friend friends.
I also like fib levels as price discovery targets. Most everyone uses these levels and thus they are self fulfilling. Either way. We're stacking sats and we're not trading those for an infinitely printed USD.
$MSFT TK cross PT $280 Heikin -AshiTK CROSS OVER CLOUD
BULLISH GREEN CLOUD
TRAILING LINE OVER PRICE ACTION
Would like entry here with tight stop or on a touch of base line.
