Using a modified Heiken Ashi system whereby one enters long or short at the next bar based on the body of the previous completed bar, even if it is a doji. A more traditional HA strategy takes a directional position following a trending candle. This modified strategy is more aggressive and more mechanical meaning one does not perform a full analysis of the...
W1 - Price still has room lower towards the bottom of the bearish channel. D1 - Price has created lower lows and most importantly we don't have any reversal signs. H4 - Price broke below an important support zone and also based on the Heiken Ashi candles we have strong bearish candles in downward moving market conditions so it basically reflects a bearish...
W1 - Bearish divergence, uptrend line breakout. D1 - Bearish convergence, uptrend line breakout, In addition to this, based on the Heikin Ashi candles we can see that currently we have strong bearish bodies in downward moving market conditions so it basically reflects a bearish environment. H4 - On the H4 chart too based on the Heikin Ashi candles we can see...
I will be watching this month's candle close with an Eagle Eye. If January's candle is a red doji or a green candle, then that is a good sign that markets are turning around from fear to greed, green being greed. The large market moves take time and effort to turn around. Fear back to Greed. No bear can tell me that my theory about the adoption trend is...
Good day, The GBP/USD cross is offering a sell signal this evening. Signal: - Double top - RSI breakdown - MACD bearing divergence Note: - Protect pips if there is a flurry of activity around the Haiken Ashi (smoothed) line Potential Drivers: - Pound selling due to political activity - Risk off flows bidding up the dollar / pushing down the Pound All the best, AL
EUR/USD is sending a rather firm sell signal this evening. Signal: - Price trading off of elevated ATR channel - Second run/test of Haiken Ashi (smoothed) - Triple top - RSI breakdown Potential Triggers: - Risk off flows bid up the dollar/ push down the euro - Potential dollar bid if US data attracts fresh capital All the best, AL
Another entry for you all in the public library Crypto-Sticks series. More STILL to come! What I particularly love is these indicators give you an added 3rd dimension to viewing them otherwise. You can see how much fluctuation occurred, get better divergence signals, find higher/lower extremes, and use in combination for secondary confirmation! Here's an example...
Gorgeous sequence of 13-14-15-16 sell. Things about to go down...heavy !!!
Price break below 35 SMA. Trade with care, good luck. SL @ 0.9025 TP @ 0.8845
35 SMA tested, try to buy it. Trade with care, good luck. SL @ 1.31 TP @ 1.338
One more up possible. Trade with care, good luck. SL @ 0.8935 TP @ 0.91
SL @ 1.625 TP @ 1.5726 Wait for more confirmation to enter the trade. If price breakout trend line below 35 SMA, I will sell. Trade with care, good luck.
Shorted @ 1199.46 SL @ 1215 TP @ 1176.15
Longed @ 0.6568 SL @ 0.6525 TP @ 0.6633 Trade with care, good luck.
Green candle above 35 SMA, maybe long is a good idea, try to buy it. Trade with care, good luck. SL @ 1.1525 TP @ 1.2
5 SMA crossed with red candle. Shorted @ 143.29 SL @ 145.75 TP @ 140.27 Trade with care, good luck.
5 SMA crossed with green candle, one more up possible. Longed @ 1.0972 SL @ 1.0845 TP @ 1.117 Trade with care, good luck.
5 SMA crossed with red candle. Shorted @ 1.2856 SL @ 1.305 TP @ 1.2618 Trade with care, good luck.