Hi Jay, thanks for the post, I appreciate your time.

Trendlines with Heiken Ashi and Stochs System

The biggest point about the above post is to constantly take into account the higher timeframes and work down until you see something tradeable. Monthly, suggests down. Weekly, suggests down. Daily, is down. H4, pulling back, could I sell that a bit ...

Trendlines with Heiken Ashi and Stochs System

What direction do you want to trade this and when? Just a heads up, nothing set in stone.

Trendlines with Heiken Ashi and Stochs System

Nice charts, nice trades! Consider taking more entries. Once you have one at break even the rest are easier. I'm starting to use lower timeframes to "load up" these trends. You could get 4 or 5 entries open for small risk and then just hold them for ...

Trendlines with Heiken Ashi and Stochs System

That's my thoughts on it. I'm happy to keep taking trades at breaks of s/r until I have 4 or 5 positions at breakeven and then hold them until the daily turns around on the heiken ashi.

Trendlines with Heiken Ashi and Stochs System

I have just placed more pending orders below support, let's see what happens.

Trendlines with Heiken Ashi and Stochs System

Nice trade. I posted a chart of that a few days ago with the setup. I'd trail that closely though as you never know when it will snap back and how much further will it go down bearing in mind the huge support not far below? If it breaks that it's ...

Trendlines with Heiken Ashi and Stochs System

The more of us the better ;-)

Trendlines with Heiken Ashi and Stochs System

Very true, I like 100 ema and 200 sma. It's not a definite rule but seems to look nice on a chart.

Trendlines with Heiken Ashi and Stochs System

Hi, glad you're liking what I am doing. You are right that I am setting pending orders under the previous days low to get in with the next wave of the trend. I don't worry about fake moves, I just use a 100 pip stop (200 on chf or jpy pairs) and ...

Trendlines with Heiken Ashi and Stochs System

Good to hear you made some pips! I use trendlines but sometimes they are "mental" as in I can see them without marking them.

Trendlines with Heiken Ashi and Stochs System

My positions as of now... Usdchf 1 +162 pips Usdchf 2 +36 Eurchf +171 Gbpchf 1 +510 Gbpchf 2 +151 Not bad for 2 or 3 days "work". I've still got entries on euraud, eurcad, audusd and nzdusd which are doing ok but I think these chf pairs are really ...

Trendlines with Heiken Ashi and Stochs System

Hi Tony, I was around but not much was happening. It's time to bank some pips!

Trendlines with Heiken Ashi and Stochs System

Hi, thanks for your positive comments. PA alone is fine and I did use ordinary candles for a long time but I just prefer Heiken Ashi. Yes all indicators definitely do lag but they are ok to use as long as you understand what they are supposed to be ...

Trendlines with Heiken Ashi and Stochs System

Usdchf, eurchf and gbpchf are setting up nicely by the look of things. I've got entries on 2 of them already from hourly charts and I've got pending orders so if it breaks todays low then I'm in short at a decent price. Here's a picture of gbpchf, ...

Trendlines with Heiken Ashi and Stochs System

Thanks for the info, I'll take a look.

Trendlines with Heiken Ashi and Stochs System

At first glance this looks like a really good way to overcomplicate your trading but at it's heart it is basically trading breakouts of s/r. This is usually profitable providing you can learn to let a trade run. I'm a big fan of Heiken Ashi, if ...

Profitunity (Chaos) Trading System by Bill Williams

At the start of this thread (or maybe the original one?) I spoke at length about new traders needing to only trade daily charts until they get it right. I'm still of that opinion but over the summer whilst it has been quiet I have been trading 1 and ...

Trendlines with Heiken Ashi and Stochs System

Some interesting charts to be watching. We're getting back into trending season soon, there should be some action in the next few weeks.

Trendlines with Heiken Ashi and Stochs System

Hi Winston, things are pretty sideways at the moment so not much going on but patience will pay off, when we get back into trending markets we'll be quids in.

Trendlines with Heiken Ashi and Stochs System