It actually gave a reasonable signal at 2 am. It was just before the news so I wouldn't have taken it until after that and it looks like that sent it higher. It makes no difference in any case because I was asleep! I'll keep an eye out for an entry ...

Swing trading with heiken ashi and stochs

This looks interesting on Audusd. 0.98 is a major level so if this turns here and closes below the 0.98 level then I would be interested in adding on. The trend does look a bit overextended so an add on trade here is a little risky but I will ...

Swing trading with heiken ashi and stochs

Pairs to watch for this week... eurusd, gbpusd, audusd. Obviously already in audusd and eurusd so just watching for a second entry if possible and a first entry on gbpusd if possible. It could well be a pullback week on audusd but as long as it ...

Swing trading with heiken ashi and stochs

Sorry, I didn't answer your question properly. Yes, I use the 20 ATR of the H4.

Swing trading with heiken ashi and stochs

Apply it to the chart and when a new brick forms it will alert you. Maybe more useful for larger brick sizes but even with 5 pip bricks a slow market will kill your eyes.

The winning Ichimoku trading system

Just for information, the "new candle alarm" indicator (which is all over the net) works with renko too so you can apply it and not have to watch the market for a new brick to form in quiet periods.

The winning Ichimoku trading system

The 100 sma on the 4 hour chart is at 1.30402 so plus the atr the stop would be at 1.30772 which is above where the stop is now at break even. There is a period of time where you need to wait for the 100 sma to fall below the break even point and ...

Swing trading with heiken ashi and stochs

Actually eurcad seems to be finding resistance at 1.32. There could be an entry there? The only thing is it's getting late in the week. I'll see.

Swing trading with heiken ashi and stochs

Eurcad and gbpcad have both traded through the 100 sma and so invalidated the setup so they're off the watchlist.

Swing trading with heiken ashi and stochs

Gbpcad looks nice for a bounce from 1.56. It will take a few candles to set up but I will keep an eye on it.

Swing trading with heiken ashi and stochs

Ok so Audusd broke the 0.98 level fairly convincingly. This has to pull back at some stage but for now it's definitely time to sit on my hands.

Swing trading with heiken ashi and stochs

Ok, my MyFXbook account is here... url

Swing trading with heiken ashi and stochs

Serious problems with the trade explorer. I'm going to get a myfxbook account open so you can see what I'm doing. I'll put it in my signature once it's working.

Swing trading with heiken ashi and stochs

I'm glad to hear you made some pips. Please do post any charts you have.

Swing trading with heiken ashi and stochs

Eurcad and gbpcad both gone. Lost 65 pips in total on those two trades so not too bad. I'll watch for another entry on those pairs.

Swing trading with heiken ashi and stochs

For some reason the trade explorer isn't updating but eurcad and gbpcad are both going backwards. Not stopped out yet but looking as though they will. Eurusd floating around 100 pips up and audusd about 370 up. Here's a weekly chart of audusd. 0.98 ...

Swing trading with heiken ashi and stochs

Short eurcad below 1.31 and gbpcad below 1.55. Both look good so I went for both. I usually use a 2 atr stop but I will pull the stops in a bit behind those levels. If they hold as resistance then so much the better, if not then I'm not losing too ...

Swing trading with heiken ashi and stochs

Maybe gbpcad may be the better trade here? If it closes below 1.55 at 6pm my time I will consider a short.

Swing trading with heiken ashi and stochs

Eurcad looks ok but I don't want to trade into the support at 1.31 so I'm going to leave it. If it was just below the 50 level I'd be tempted but it's just floating around the middle right now. Eurusd and audusd are doing fine anyway so I'll let ...

Swing trading with heiken ashi and stochs

Eurcad needs another 4 hours, it's not convincing me yet.

Swing trading with heiken ashi and stochs