Actually, just spotted this one. Audcad is still below the 100 sma on the 4 hour and valid on the weekly. A lot depends on what happens at the 100 sma now. I'll be watching.

Swing Trading with Heiken Ashi and Stochastics - updated

Note that I am waiting for the weekly trends and not taking any other trades at the moment. That's not to say that there won't be good individual trades that can be taken with the basic pattern, it's just that I am looking for the bigger runs these ...

Swing Trading with Heiken Ashi and Stochastics - updated

All Aud pair setups are invalidated. The expected Aud weakness just didn't materialise. The whole operation cost me 100 pips. When you consider a good trend can make 1000+ it's not a big deal. Just got to wait for the next setup now.

Swing Trading with Heiken Ashi and Stochastics - updated

Out with a 20 pip loss. I'll wait for the next decent pullback.

Swing Trading with Heiken Ashi and Stochastics - updated

Hi, yes, still profitable. I wrote a book for Amazon and I'm showing some of my trading over at this thread... url I'm looking at Aud pairs short at the moment, taken a few break evens and one loss so far and currently short audjpy. Have a look ...

Swing trading with heiken ashi and stochs

Audjpy short, 60 pip stop.

Swing Trading with Heiken Ashi and Stochastics - updated

Out for a loss on audusd. If the price stays above the 100 sma then the setup is invalidated. I'll continue to watch the other aud pairs for possible entries as the weekly charts still suggest aud weakness.

Swing Trading with Heiken Ashi and Stochastics - updated

Saved by the 100 sma earlier but price still pushing up. It's just touching the 0.93 level now, this will either hold it below or it will break. The setup is still valid all the time the price is below the 100 sma.

Swing Trading with Heiken Ashi and Stochastics - updated

Yes, way too much. Better to risk 0.5% on each individual trade. Don't forget that the idea is to stack up your profitable trades as the trend develops so over a good trend you will make a good amount but each individual losing trade loses you ...

Swing Trading with Heiken Ashi and Stochastics - updated

No problem.

Swing Trading with Heiken Ashi and Stochastics - updated

Something worth bearing in mind is that such a big variance on the nfp report could well lead to usd strength for the rest of the month. With aud looking weak audusd could well be the right pair to be on. We will see, all we need to do is position ...

Swing Trading with Heiken Ashi and Stochastics - updated

More charts...

Swing Trading with Heiken Ashi and Stochastics - updated

Nothing exciting happened this week then. 2 break even trades and one running with a few pips down. The weekly charts are still valid to trade next week. It's interesting that all aud pairs are setting up for next week. There is still no guarantee ...

Swing Trading with Heiken Ashi and Stochastics - updated

I'm holding with the trend anyway. Use the 100 sma as the exit, when that is broken it's time to get out of all trades.

Swing Trading with Heiken Ashi and Stochastics - updated

A bit of a boost from nfp.

Swing Trading with Heiken Ashi and Stochastics - updated

Hi Les, Yes, I use market orders and it hasn't gone very far so you are still fine to enter.

Swing Trading with Heiken Ashi and Stochastics - updated

Taken this short on audusd, I don't like the stoch turn much but I love the bounce from the 0.93!

Swing Trading with Heiken Ashi and Stochastics - updated

Out at break even on gbpaud again. Waiting for the next pullback. Nothing lost so far, you can't complain at that. If it's going to go it should go with force sooner or later.

Swing Trading with Heiken Ashi and Stochastics - updated

Yes but how much did you risk to get it? It sounds like you need to let your winners run more.

Swing Trading with Heiken Ashi and Stochastics - updated

2 hours in and over 70 pips up. I've moved it to break even. I wanted to be break even before the FOMC report tonight as it can cause some wild moves.

Swing Trading with Heiken Ashi and Stochastics - updated