AUDUSD Quick Scratch Setup 7/19/2016 1 Hour Heikin Ashi ChartA quick setup for AUDUSD on 1 Hour Heikin Ashi Chart...
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AUD fell 1% low after central bank meeting move an open door for a move in August, though Australia is still recovering from major drop in commodity prices, and additionally the employment rate in Australia is stabilize...
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Heiken
Fist's Slow Move Heiken Ashi EMA7 Side by Side ComparatorGlaz's great slow-move HA with a couple of tweaks and an EMA7 applied. Works exactly llike the EMA6 strategy by Shiva Krishnan but with clear reversal arrows.
For folks new to trading, I'd strongly suggest you only trade with trend - catching reversals can be tricky: so many people get killed doing this. Additionally, the 'trade fear, not greed' principle is worth thinking about i.e. trading short is often more dynamic than trading long.
Publishing at 15M but designed for 1M. Might work across multiple time-frames.
Shiva's strategy suggests you take 2M trades from 1M charts. Others advocate 3M chart and 3M trade immediately after harami set-up or doji, with trend.
Fist's Harami Killer with EMA6 by the Fist of KhanSimple harami and doji indicator adapted from Repo32 Candlestick Identifier - a great piece of work and awesome respect to the originator. This script only shows harami and doji for use with Heiken Ashi in above/below comparison to traditional candlestick chart.
It leaves a clean chart without too many distractions so you can concentrate on price action.
A useful indicator for trading next candle/s in direction of trend off doji or harami. Use Shiva Krishnan's EMA6 method for additonal confirmation.
Publishing at 15M but works well on shorter time-frames.
Please do not just follow the dojis and haramis - general price action needs to be taken into consideration, of course. And please test your own strategy.
CADJPY The pair is apparently fulfilling a flat top triangle in a smooth heikin pattern, the price maybe can broke the diagonal support and fall to the 79/80 zone; But this point is very interesting:
I speculate: The price can't broke the diagonal resistance of the weekly chart, maybe not touch - and then run out and go to the 90's, why not -
But if all fall, can go to he 2008 pattern and continue to her historic minimum. i prefer think in the stable dancing around the fibo.
Ideas, comments or corrections.
These are always welcome
RTN-160412-STO/DMK-SHORTi see the next at NYSE:RTN
The stochastic close a turn down
The price have problems to cross the 127 zone
The price meaby can test the 130 level again
The price is filling a flat top triangle with a nice heiken smooth path, and is close to broke.
Setup: Short
Entry: 127.6 (over not cross or rejected by 130 zone)
SL: 132
TP1: 112
Ideas, comments or corrections
They are always welcome
KORS-160411-CCI/RSI-G1D-LONGNYSE:KORS is reacting to the support line and the RSI and Demarker confirm this, but the CCI present a large flat downtrend, at march of 2014 present the same comportment the security and the result was a double top and finally a large and continuous downtrend.
Speculative Setup: Long
Open From: 51.2
Target: 53.4
SL: 49.8
Descriptive bull runsI just traced this using a log scale and Heiken Ashi candles. My purpose was to make an analysis of the great bull runs in bitcoin history. What I see
- Each succesive bullrun has started after the price stabilized on the previous peak.
- Every bullrun has been shorter than the previous one, around half the time.
- Retracements have been deeper everytime
Conclusions on the next bullrun:
- It will come after the price has stabilized around 1000
- It will be shorter than the previous one, something like a month
- It will be the same size in log terms, that is, it will go up to 5000
- It will retrace even harder, that is maybe even full retrace, back to 1000. The price seems to be less stable everytime.