Heiken Ashi Trading on a 2hour time-frame

[sunset1]

Hello everyone who are presently using heiken ashi or are interested in it are all welcome to contribute.

The trolls that seem to crawl out of the woodwork are not welcome.

I would like this thread to be a live trading thread

In your opinion what should a person be looking for before entering a trade and what should they be looking for before exiting.

 

[sunset1]

I have not used Heiken Ashi pattern for my trading. But I like to use support and resistance to enter the trade and exit with the profit. I always go for a simple method.

What time-frame do you use and what is your take profit target ?

The week after next I will start posting live trades and will see how it goes.

Here's hoping my method will turn out as simple as yours.

 

[sunset1]

As there is no interest in this thread it is now aborted

 

[Quantt]

As there is no interest in this thread it is now aborted

We were waiting for the posts...

 

[timsk]

As there is no interest in this thread it is now aborted

Hi sunset1,
As Quantt rightly points out - you need to make the effort to get the thread going. It's up to you to generate interest by outlining your knowledge and use of Heiken Ashi. Starting a thread on any topic - doesn't matter what - and asking members from the get go to contribute without offering anything yourself isn't entering into the spirit of the game! At least follow through and do what you said you'd do and "start posting live trades and will see how it goes."

Tim.

 

[darktone]

Hi thread. Heres my last joe in 4hr HA dax.

I believe the screenie speaks for itself :smart:

Please dont try an copy tarde me as im of elightened profeessional status.

All the best

 

[piphoe]

LOL that clown & "tarding" :cheesy::cheesy::cheesy:

*I* coined thaat you know?

very funny chart darkie

 

[piphoe]

I, too< am interested in how others might use HA candles with success. They "slow down" price, get you in & out too late imo

 

[Dowser]

I, too< am interested in how others might use HA candles with success. They "slow down" price, get you in & out too late imo

They do indeed, so use them on a lower T/F :smart:

 

[piphoe]

They do indeed, so use them on a lower T/F :smart:

Do they work on ticks charts? Don't believe I've ever tried...:|

 

[FXX]

Why do technical traders need an indicator that paints bars if price is going up or down? Is it difficult to see price going up or down without them or is it more a case of a red light green light strategy that requires even less thinking?

Not asking this to stir the pot just curious about the attraction.

 

[piphoe]

Why do technical traders need an indicator that paints bars if price is going up or down? Is it difficult to see price going up or down without them or is it more a case of a red light green light strategy that requires even less thinking?

Not asking this to stir the pot just curious about the attraction.

yes! why do TA traders need yet another way to distort the bars/price even further? what are they trying to "hide" with the HA bar, and why?? excellent observation FXX!

I want MORE PRICE clarity no less

 

[Dowser]

Do they work on ticks charts? Don't believe I've ever tried...:|

Tick charts?

What I meant was if you normally use M15 charts and you wanted to try HA bars you might consider lowering the T/F to M5 (for eg.) because, as you say, they slow things down and smooth things out... just like moving averages

 

[Dowser]

yes! why do TA traders need yet another way to distort the bars/price even further? what are they trying to "hide" with the HA bar, and why?? excellent observation FXX!

I want MORE PRICE clarity no less

Why don't you trade off tick chart then? why are you distorting the price by using M15 candles?

 

[piphoe]

Why don't you trade off tick chart then? why are you distorting the price by using M15 candles?

You make a good point there. An M15 candle collects price and displays it in a 15 min candle, and that in itself is also arbitrary. huh, you have me thinking

 

[sunset1]

here we go usd cad if it closes above 12774 buy with a take profit at 12890 but I suppose most of the world is sleeping at this time of night uk time 00.15

 

[sunset1]

usd/cad cancel this trade reason being taking to long to trigger

 

[darktone]

why not post up a screenie of what youre looking at, much easier to communicate your view.

 

[Lightning McQueen]

I think I see what sunset is up to, possibly? I don't have 2 hour charts access on my mt4 so a look with 1 hour will have to suffice.

after a red ha bar run, on the print of a green ha bar go long. perhaps not as he says close above 12774 I should get a new pair of glasses nline2lo

there's a nice run up in green ha bars prior to the red bar pause so I believe sunset was on to a nice setup? but possibly executed wrong time of day/night, I don't know as I don't follow usd/cad.