I use Heiken Ashi + Stoch to make 250+ pips a week

[sky8]

Very interesting the use of the Heiken ashi . I have used along with the BBand but not able to identify a retracement and reversal. the set up seem to be the same. If the trend is clear at some point it will reverse or retrace What do you use to confirm which it is . How do you colour of the different levels of the Bband

Hello Professor, please back to post 8,9,10.

[shelforex]

Yes it's uptrend and we will see some whipsaw before we enjoy another set up for reversal. Heikenashi helped me to scalp 42 pips.

How do I get to your blog?

Great point Professorfxja

[Professorfxja]

Sky 8 . is


do you use all 3 time frames together or you use any of the entries seperatly. because if you use the 15 only at the the 15 crosses the stocastic the 1h is not quite ready and like wise if you enter on the 1hr when the stocastic crosses on the 1 hr the 4hr is not ready.

[sky8]

How do I get to your blog?

Great point Professorfxja

Hi shelfores, I am sorry my gf doesn't allow me to invite you into my blog so we will discuss all set up pair in this forum.

[shelforex]

Hi shelfores, I am sorry my gf doesn't allow me to invite you into my blog so we will discuss all set up pair in this forum.

professorfx@skype let's chat in skype

[tymen1]

Thank you Senior. Heikenashi is a very simple trend indicator. I will never go long when heiken is still red and vice versa. Since I am just looking for 200+ pips a week I am very patience to wait my chance to open position as soon as I see heikenashi has made set up formation in 1h time frame.

I trade cross pair and thaks for heikenashi.

Great stuff, keep going.

This is the only other thread besides my own that shows clear charts to see real trades.
I like it!!

Now, do you enter on the 2nd candle of a new trend?

[sky8]

Sky 8 . is


do you use all 3 time frames together or you use any of the entries seperatly. because if you use the 15 only at the the 15 crosses the stocastic the 1h is not quite ready and like wise if you enter on the 1hr when the stocastic crosses on the 1 hr the 4hr is not ready.

Hi professor, I use 15m to scalp small pips and as I mentioned before that we would meet some whipsaw before we enjoy the reversal trend.

I suggest that you open 5 charts of 5 cross pairs all in 1h tf and all in 1 window and you will see that heiken ashi is very powerful to identify trend. The charts are EUR/JPY GBP/JPY CHF/JPY AUD/JPY and CAD/JPY.

Remember not to jump in too early because you need to wait the candle set up but in case you are late to enter then you must wait the price comes to middle band (green) to open your position.

[sky8]

Great stuff, keep going.

This is the only other thread besides my own that shows clear charts to see real trades.
I like it!!

Now, do you enter on the 2nd candle of a new trend?

Thank you senior. Yes you're right.

[tymen1]

How about you post a trade from start to finish.

Use a separate entry chart(s) and label your entry point.
Tell us why you entered at that point.

Then use a separate exit chart and label your exit point.
Tell us why you exited at that point.

[sky8]

How about you post a trade from start to finish.

Use a separate entry chart(s) and label your entry point.
Tell us why you entered at that point.

Then use a separate exit chart and label your exit point.
Tell us why you exited at that point.

Thank you senior it seems you want to test me but I like that. I want to start with UJ pair. Why did I take this short position in bullish trend ? the answer is so simple I scalp the market just like I did with EJ a few hours earlier because heikenashi gave me a signal to open position and 48 pips is good enough for scalping. so far total pips from EJ and UJ is 90 pips today.

I am still waiting for cross pair candle set up to open my position and I will report to forum when the set up candle occur base on heikenashi and stoch.

Tymen you are a legend and I really appreciate that you still have time to review heikenashi and I wish you make a lot of pips each day.