Hi Patrick, glad you found the thread, if you need anything let me know.

Trendlines with Heiken Ashi and Stochs System

Hi John, yes the trend is definitely down and gbpusd did turn down away from the trendline today sending all gbp pairs downwards too. The gbpjpy trade is definitely the better trade out of the two despite the fact that gbpjpy hasn't made a ...

Trendlines with Heiken Ashi and Stochs System

Here are two interesting charts. First is gbpusd and second is gbpjpy. Both are reaching downwards trendlines. These may well break tomorrow but if they hold, stochs cross and heiken ashi changes colour these could be good trades. Of course I'm ...

Trendlines with Heiken Ashi and Stochs System

1.3130 and 1.3330

Trendlines with Heiken Ashi and Stochs System

You could wait for the breakout but how much are you missing in the meantime? The signal itself is a valid signal and the all time low thing is only a minor consideration. I would wait for a break and then look for a good entry on the pullback.

Trendlines with Heiken Ashi and Stochs System

Eurgbp is grinding it's way slowly in the right direction, still no reason to close the trade. On the face of it nzdchf looks like a good trade, a stoch cross at a decent level and a bounce from not 1 but 2 trendlines. What you have to ask yourself ...

Trendlines with Heiken Ashi and Stochs System

I have a similar thread, albeit with a slightly different method here... url

Trend Trading All Pairs

My favourite Warren Buffet quote is, "In this game the market has to keep pitching, but you don't have to swing. You can stand there with the bat on your shoulder for six months until you get a fat pitch." It keeps waiting a few days or a week for a ...

"Awareness" Quotes and Snippets

A pretty quiet week then. The eurgbp trade has been open a week and is a grand 21.5 pips up! It does still look good though. A few trades could be setting up for next week so maybe more action then? Have a good weekend and I'll see you next week.

Trendlines with Heiken Ashi and Stochs System

Hi RS, sorry I didn't notice this before but obviously your post didn't appear straight away as it needed modding as it's your first post. To answer your questions... one pip one way or the other is a bit close. Usually the stop loss goes the other ...

Trendlines with Heiken Ashi and Stochs System

Thanks for the feedback, glad you're enjoying it.

Trendlines with Heiken Ashi and Stochs System

Last chart for tonight is gold with fibonacci drawn. Price reached the upper channel line (I posted charts in my other thread, see the first post of this thread for the link), stochs are down. I'm watching the next trendline which corresponds with ...

Trendlines with Heiken Ashi and Stochs System

Ok, here's audchf, cadchf, cadjpy and usdbgn (yes that is the usd against the Bulgarian Lev, my broker is Bulgarian and it only has a 5 pip spread so why not? Trades pretty smoothly too). I haven't marked the previous touches or the possible touches ...

Trendlines with Heiken Ashi and Stochs System

Chfjpy daily. The daily trendline that it is about to test doesn't look so strong to me as it's only a 2 touch trendline. The monthly trendline in purple just below it looks a much better place to watch for a reversal. It corresponds with the 100 ...

Trendlines with Heiken Ashi and Stochs System

This next one is eurchf daily. It's in a strong downtrend but currently retracing, maybe a bounce from the trendline and a trend resumption could occur around that location? The good thing about this system is you know what to look for and when and ...

Trendlines with Heiken Ashi and Stochs System

Some possible set ups to watch. This is gbpusd, first chart is weekly, approaching the trendline again. Will it bounce there? Second chart is daily, stochs are high, 100 ema is sideways. Will it bounce at the trendline and the stochs go lower?

Trendlines with Heiken Ashi and Stochs System

Hello Clive, good to have you along for the ride. Never worry about asking dumb questions because I can guarantee you that even the most experienced traders had to ask the same questions themselves once. Your questions... 1) I love to look at charts ...

Trendlines with Heiken Ashi and Stochs System

Take a look at the chart of eurgbp above. The price approached a 2 touch trendline. The heiken ashi changed colour to green at the trendline and the stochastics crossed at the bottom and started moving up. When these things occur together then you ...

Trendlines with Heiken Ashi and Stochs System

It always pays to zoom out your chart a little. Upper channel lines are sometimes very informative too. This is the eurgbp trade, about 30 pips up at the moment. Zoom the chart out a little and you can see an obvious channel forming. The touches are ...

Trendlines with Heiken Ashi and Stochs System

This thread was moved to the commercial section due to my over promotion of a commercial member. I understand this completely however I don't want to be a commercial member soI have restarted my thread in the trading systems section, link below. ...

This time next year