You can tell it's for beginners because it's so damn complicated! I can't wait for some filters and an EA.

Stochastic RSI AND Maybe EMA... for beginners

Yep, I'm seeing the idea now, forget the overall trend, just trade the direction it is moving in right now. You will take lots of small losses as the trends chop and change but if you keep stacking the trades when you get a good run you will clean ...

Quick and Dirty EOD

Nice one. I went in for a small trade but it carried on higher. It seems to be chopping sideways for now, the stochs are no longer smooth so I will leave it alone for today. Nothing else particularly setting up but a few to watch on the daily ...

Swing trading with heiken ashi and stochs

Hi, thanks for posting. Good to know that someone is using this successfully.

Swing trading with heiken ashi and stochs

Stopped out on usdcad for a 15 pip loss. Waiting for the next opportunity.

Swing trading with heiken ashi and stochs

Usdcad short. Just got a 15 pip stop on this as it is all that is needed. If it hits the stop I no longer want to be in the trade.

Swing trading with heiken ashi and stochs

Thanks. The trend following system is supposed to be a slow moving long term thing but it seems I have caught a few good trends right from the start! Of course things could turn round yet but considering I am expecting between 20 and 80% in the ...

Swing trading with heiken ashi and stochs

Definitely watching usdcad this morning.

Swing trading with heiken ashi and stochs

Lol, in my head it's getting simpler. I like the look of your idea too though. I'm sure there are lots of ways to do it. I like the look of the 10 ema on the chart. Once it starts moving one way above or below it, price can stay there for a long ...

Quick and Dirty EOD

Thanks, glad you like it. If you can only trade one session maybe switch to a higher timeframe? You will get better moves for less effort that way.

Swing trading with heiken ashi and stochs

Sorry, went to bed. Looking at eurcad now I would have taken a trade when it first turned over but it looks like it would have been a break even or a small loss. It was a pretty good signal but just didn't work out this time. I will still keep an ...

Swing trading with heiken ashi and stochs

Usdcad is similar, if not a little clearer. It's coming up to some horizontal s/r on the hourly now too.

Swing trading with heiken ashi and stochs

Euraud and eurnzd looking nice too. The trades are out there, you just need to look through all pairs at the end of the day and if there is anything setting up on the daily then you just add it to your hourly watchlist. Learn to use profiles in mt4 ...

Swing trading with heiken ashi and stochs

I disagree. Look at some of the live trades I posted towards the start of the thread. A signal can be clear and then the trade still loses. If a signal is not clear, don't take it. That's the difference.

Swing trading with heiken ashi and stochs

How about eurcad?

Swing trading with heiken ashi and stochs

Eurgbp looks better. If it gives a clear turn in the next few days we could move to the hourly and look for shorts.

Swing trading with heiken ashi and stochs

If the daily had given a clear signal then more often than not the hourly will be trading underneath the 100 sma already. If it wasn't then I would wait for the first push down below it and then I would trade the first clear, smooth pullback. Quite ...

Swing trading with heiken ashi and stochs

It's been a little bit quiet with the holidays and whatever so hopefully we'll be back on some trades soon. I'm thinking of simplifying the system a little. I like the look of the monthly to give overall direction and/or the 100 and 200 sma's on the ...

Quick and Dirty EOD

Check the daily again. It doesn't look very convincing for a short does it?

Swing trading with heiken ashi and stochs

Yes, looked like it worked out for you this time but it's lower probability over the long term.

Swing trading with heiken ashi and stochs