Hi Traders! Technical Analysis: 3 RSIs & 2 Stochastics indicate a strong downtrend | Stop-Loss: Place “just above” candle that just “closed” with no wick | Trailing Stop: Move stop-loss to “just above” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close day trades before...
Hi Traders! Technical Analysis: 3 RSIs & 2 Stochastics indicate a strong uptrend | Stop-Loss: Place “just below” candle that just “closed” with no tail | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no tail | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a tail (of any size).
1) Heiken Ashi candle “closed” with no wick. 2) Gold line is above dotted line. 3) Green line is over red line | Stop-loss: Placed “just below” candle that just “closed” with no wick | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close...
1) Heiken Ashi candle “closed” with no wick. 2) Gold line is above dotted line. 3) Green line is over red line | Stop-loss: Placed “just below” candle that just “closed” with no wick | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close...
Sell opportunity | Heiken Ashi candle "closed" with no wick | Move stop-loss to "just above" each new Heiken Ashi candle that "closes" with no wick. Do not move stop-loss if Heiken Ashi candle(s) "closes" with any size wick | Close trade before market close Friday.
Sell opportunity | Heiken Ashi candle "closed" with no wick | Move stop-loss to "just above" each new Heiken Ashi candle that "closes" with no wick. Do not move stop-loss if Heiken Ashi candle(s) "closes" with any size wick | Close trade before market close Friday.
Price closed above 9 MA | Heikin Ashi candle closed with no tail (placed stop-loss just below there) | MTF Stochastic (W1-5,3,3) is up | Close trade before market close Friday or when daily Heikin Ashi candle "closes" red | Ideas published Sunday and Monday | Like & Follow
1. Price breaks below support just after a small body (indecision) candle.
2. Sell after small body candle closes at resistance (test). Stop loss at small body high.
3. Take profit just above demand zone.
4. Buy after small body candle closes in or above demand zone. Stop loss at small body low.
5. Take profit just below resistance level.
