Swing trading with heiken ashi and stochs

Quoting Hugh Briss

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Well no, what I am saying is that the daily charts look like it's time for a reversal but rather than try to guess the reversal and jump in too soon it is better to wait for the price on the 4 hour chart to cross the 100 sma, start trading below it and more importantly show evidence of a trend to the downside before we start taking shorts. Of course if daily resistance is broken and new highs (and consequently new lows) are made then we can follow the trends higher still.

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Quoting neuron

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i trade using a very similar strategy, think Heiken Ashi candles paired with stochs is very effective

i do like the focus on the higher TFs on this thread

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Quoting taw

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Hi Hugh,

I have been following this thread for th past few days. The method is simple and givs high probability trade.

Thanks for sharing this simple but effective system.

taw

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Quoting mrluckystar

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hurmmmm.... sideway.....

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Quoting mrluckystar

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hurmmmm.... sideway.....

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Quoting gmcc

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Hi Hugh
Just started reading your thread, but not completely thru it yet. I do like your approach. In your training post #20 of having a sell signal for both euraud & gbpaud, you say look at both eur & gbp to try and determine which is weaker. You then say since eur looks weaker sell eur, but if you are taking a sell signal for euraud you are actually selling the aud & buying the eur. In your example did you intend to sell the gbpaud instead, since the gpb is stronger? Or am I mistaken?
regards & thanks for giving your time & knowledge
gmcc

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Quoting gmcc

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Thanks Hugh
Don't know what I was thinking with my previous post. But thanks for the quick reply. I think I have read too much this weekend & my mind is foggy.
I am currently in a losing trade using another longer term system, whereas if I was using your HA system, it clearly shows my position as wrong. I think with adequate money management your method can produce good results.
thanks
gmcc

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Quoting elPips

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Hello Hugh,

Attached are PDF files of your trading system. I hope this documents will help other interested traders in their personal studies. Thank you for freely sharing your method.

elPips

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Quoting morris1

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MrL
can you explain your stop entries, what they are based on?(previous lows, highs or...?)
thanks,
happy, well, not today, trading

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Quoting Hugh Briss

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Yes, best trade direction is flat too for today!

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Quoting mrluckystar

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hi morris,

currently my trade is using MM #2... which is risk reward ratio 1:1....
all my entry my tp is 50 and sl 50pip....

so far still ok using this MM setup....

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Quoting morris1

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Thanks for reply, Mr L. What I meant - your entry orders - buy stop or sell stop, not stop loss. It seems to me you are using some criteria to enter the trade, not just color change of HA candle or swing. Could you share that, I would appreciate it.
Thanks

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Quoting mrluckystar

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hi morris,

sorry for wrong answer...

my entry is base on price action on H4 cs chart....
exmple... now im waiting for price to retrace.... then after all 3 sign (stoch, HA candle and trend) are meet, then i look at cs H4 chart... in this chart i look at inside bar setup, fakey inside bar, break pin bar, break yesterday low or break 2 candle low...

if price follow trend... normally when price retrace is under consolidation... here you will get sign of ib or fakey ib or pin bar....

regards.

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Quoting mrluckystar

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example of entry setup for me....

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