FX:USDJPY   U.S. Dollar / Japanese Yen
95 10 1
if it works for you.keep doing this.stick to that and you 'll constantly improve.
HamzaLeith nikosda
Yes I hope so, thank you you too!
i must test it.if it works for you it's fine.how you place your stop loss?i use ATR for my stops.many times the price exceed the x point and then returns and hit my targets.i n this trade i had my entry @102.150 and my stop @102.338. i just stopped out before the price returns.that's ok the most of the time it works for me.so no problem with that.
HamzaLeith nikosda
yeah that is the thing, the risk does get higher, so i put my stop loss 10 pips above the previous high. I use the 3 hr chart to validate the entry (for trades i take on the daily chart). so I put my stop loss in this case at 102,6
HamzaLeith HamzaLeith
But with this strategy It became a bat pattern ofcourse considering the different ratios
+1 Reply
i don t understand why the x is going there with heiken ashi candles
HamzaLeith nikosda
I have noticed that I have been missing entries just by a few pips due to high x placement. Heiken ashi shows changes in momentum much better that regular candle sticks. for a while I have been testing this strategy. Namely to chose the first candle with opposing color as a start for my X to A. I don't yet have enough data yet to prove that it is always better, but I am missing way less entries. How do you think about it?
A short while ago I started using Heiken ashi to identify the right X (in my opninion the most difficult part in harmonic trading). Had an idea as to where X might have started that i wanted to share with you. Cheers
HamzaLeith HamzaLeith
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out