Swing trading with heiken ashi and stochs | Page 20 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading with Heiken Ashi and Heiken Ashi smoothed - Hybrid 362 replies

Heiken Ashi and Heiken Ashi Smoothed EA needed for Renko 11 replies

Trendlines with Heiken Ashi and Stochs System 367 replies

Trading the heiken-ashi megapips system. 2 replies

EA for Heiken Ashi + Heiken Ashi Smoothed 4 replies

Attachments: Swing trading with heiken ashi and stochs
Exit Attachments

Swing trading with heiken ashi and stochs

  • #381
  • Feb 17, 2012 8:14am Feb 17, 2012 8:14am
Yesterday was the best trading day I have ever had with my live acct. So I feel pretty cocky and just took a trade I probably shouldn't have!!

Sell A/$ @ 1.0752; SL @ 1.1079; TP @ 1.0703. the stoch's cross is excellent but not down past the 80 level and the candles are a bit small but had reversed. This may cost me a little but I was at least smart enough to use a very small risk.

edit: 4H TF, 08:00 my time (-6gmt)
  • #382
  • Feb 17, 2012 8:15am Feb 17, 2012 8:15am
Quoting Hugh Briss
I think today is just going to be choppy, no point trading at all when it's like this, wait until a clear trend develops again.
hi hugh,

choppy price..
agree with you.... close all pending order..
HA candle not smooth... hopefully next week a better day to trade...

thanks.
Peace Yo!
  • #383
  • Feb 17, 2012 8:16am Feb 17, 2012 8:16am
Quoting piprac
Yesterday was the best trading day I have ever had with my live acct. So I feel pretty cocky and just took a trade I probably shouldn't have!!

Sell A/$ @ 1.0752; SL @ 1.1079; TP @ 1.0703. the stoch's cross is excellent but not down past the 80 level and the candles are a bit small but had reversed. This may cost me a little but I was at least smart enough to use a very small risk.

edit: 4H TF, 08:00 my time (-6gmt)
same here...

next week maybe....
Peace Yo!
  • #384
  • Edited 10:33am Feb 17, 2012 8:21am | Edited 10:33am
I used the 100sma for the TP as I don't think it can go to Supp. but then again it's Fri & Forex.

edit (10:29am): TP hit earlier at the 100sma & then reversed. I have made 11 trades with this strategy since this past Monday, 10 winners & 1 loser. I'm a believer. Thank you Hugh. p.
  • #385
  • Feb 17, 2012 9:06pm Feb 17, 2012 9:06pm
Quoting piprac
Yesterday was the best trading day I have ever had with my live acct. So I feel pretty cocky and just took a trade I probably shouldn't have!!

Sell A/$ @ 1.0752; SL @ 1.1079; TP @ 1.0703. the stoch's cross is excellent but not down past the 80 level and the candles are a bit small but had reversed. This may cost me a little but I was at least smart enough to use a very small risk.

edit: 4H TF, 08:00 my time (-6gmt)
Hello PR,

can you give me the reasoning for this trade, please? No, I'm not looking for fault or mistakes by others, I like to know - because I like to know.
Thanks
  • #386
  • Feb 18, 2012 1:36am Feb 18, 2012 1:36am
Quoting piprac
I used the 100sma for the TP as I don't think it can go to Supp. but then again it's Fri & Forex.

edit (10:29am): TP hit earlier at the 100sma & then reversed. I have made 11 trades with this strategy since this past Monday, 10 winners & 1 loser. I'm a believer. Thank you Hugh. p.
That's great news piprac, really nice to see other people seeing what I'm seeing and making money. The markets have not been the easiest to predict this past few weeks so for you to have such success is good. Wait until the markets are trending more smoothly and you'll need a wheelbarrow to carry your pips!
  • #387
  • Feb 18, 2012 6:45am Feb 18, 2012 6:45am
hi hugh,

this is my trading summary for this week.
1. Lost --> 2 trades (-6 and -50 pip).
2. Stop at BE (+1) --> 5 trades.
3. Win --> 6 trades.

a hard week to trades... trend still not clear for gu n eu...

regards,
Attached Image (click to enlarge)
Click to Enlarge Name: trade3.JPG Size: 70 KB
Peace Yo!
  • #388
  • Feb 18, 2012 6:49am Feb 18, 2012 6:49am
Quoting mrluckystar
hi hugh,

this is my trading summary for this week.
1. Lost --> 2 trades (-6 and -50 pip).
2. Stop at BE (+1) --> 5 trades.
3. Win --> 6 trades.

a hard week to trades... trend still not clear for gu n eu...

regards,
Still a profit on the week, you can't complain at that. Like I said above when the clear trends return life will be a lot easier.
  • #389
  • Feb 18, 2012 8:39am Feb 18, 2012 8:39am
Quoting morris1
Hello PR,

can you give me the reasoning for this trade, please? No, I'm not looking for fault or mistakes by others, I like to know - because I like to know.
Thanks
Not much to tell, I follow the rules as explained in pg. 1. I look for a stoch cross coming out of the 80 or 20 level (at least touching) & a candle color reversal. I trade the 4H at 8am (FXDD) my time which is 9am NY - much of the early razzle dazzle is done by then. I also look for S&R and may this coming week add an ATR 70 on the D. TF for a 70 trading day average high and low in pips to see if my TP & SL conform to previous PA - but I trade the setup as it shows today.

If I see a reversal candle and the stochs are already out of the 80/20 levels then I look for a strong slope. I also have a 50 & 100 sma on the chart to show direction. I tend to trade trend direction but of course if a trend reversal is happening I wont see that for a day or so but usually flattening of the 50 sma is a good heads up.

This strategy relies the least on the trade's discretion IMO so follow the rules to have a good success rate. I know 10 wins and 1 loss per week is not sustainable and even less a probability on lower TFs - which i don't trade. Good luck, p.
  • #390
  • Feb 19, 2012 3:57am Feb 19, 2012 3:57am
Just wanted to share setups for the week ahead.

These are the currency pairs and time frame that are trending. Setups presented will be similar to Hugh's on Post #2. Setup such as those on Post #3 will not be reflected on this scanner. This is because this scanner emphasized on SMA50 instead of SMA100.

Hope you guys find it helpful.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Feb. 19 17.53.jpg Size: 54 KB
  • #391
  • Feb 19, 2012 11:02am Feb 19, 2012 11:02am
Quoting mrluckystar
hi hugh,

this is my trading summary for this week.
1. Lost --> 2 trades (-6 and -50 pip).
2. Stop at BE (+1) --> 5 trades.
3. Win --> 6 trades.

a hard week to trades... trend still not clear for gu n eu...

regards,
Just curious, may I know if the 5 BE trades eventually hit TP or it knocked you out because it reverse entirely?
  • #392
  • Feb 19, 2012 6:37pm Feb 19, 2012 6:37pm
Quoting hytten
Just curious, may I know if the 5 BE trades eventually hit TP or it knocked you out because it reverse entirely?
hi..

normally when price go over +25.. i will lock at BE (+1)..
4/5 reverse... one trade not hit +25, but i see a reverse candle.. then i close it at +1..

regards.
Peace Yo!
  • #393
  • Feb 19, 2012 7:48pm Feb 19, 2012 7:48pm
Quoting mrluckystar
hi..

normally when price go over +25.. i will lock at BE (+1)..
4/5 reverse... one trade not hit +25, but i see a reverse candle.. then i close it at +1..

regards.
4/5 reverse huh, so I guess another way of looking at it is lucky then.. it could have 50pips if you hadn't lock in 1 pip..
  • #394
  • Feb 19, 2012 8:15pm Feb 19, 2012 8:15pm
Quoting hytten
4/5 reverse huh, so I guess another way of looking at it is lucky then.. it could have 50pips if you hadn't lock in 1 pip..

did you read the first page of this thread?. .
if you read at the first page... in MM section mention 3 method MM that still under evaluation to study which MM is the best to suit this method... fyi, im evaluate MM #2...

if you have a better MM that suit this method, please share with us...

regards.
Peace Yo!
  • #395
  • Feb 19, 2012 8:28pm Feb 19, 2012 8:28pm
Anyone else in on the EUR-AUD ?
I'm in at 1.2252
Attached Image (click to enlarge)
Click to Enlarge Name: 2-19c.jpg Size: 104 KB
  • #396
  • Feb 19, 2012 9:17pm Feb 19, 2012 9:17pm
Watching AUD/JPY for a rebound...
  • #397
  • Feb 19, 2012 9:34pm Feb 19, 2012 9:34pm
Quoting mrluckystar
did you read the first page of this thread?. .
if you read at the first page... in MM section mention 3 method MM that still under evaluation to study which MM is the best to suit this method... fyi, im evaluate MM #2...

if you have a better MM that suit this method, please share with us...

regards.
The target I use are the standard chart pattern target. Attached is the chart from post #2.. If I traded those 3 trades that Hugh highlighted, those will be my target.

SL will be the previous swing high. I only trade setup from Post #2.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Feb. 20 11.22.jpg Size: 71 KB
  • #398
  • Feb 19, 2012 9:38pm Feb 19, 2012 9:38pm
Quoting taw
Watching AUD/JPY for a rebound...
It seems like all the JPY pairs are retracing
  • #399
  • Feb 19, 2012 9:41pm Feb 19, 2012 9:41pm
Quoting taw
Watching AUD/JPY for a rebound...
Bought AUD/JPY @85.785
  • #400
  • Feb 19, 2012 9:43pm Feb 19, 2012 9:43pm
Quoting taw
Bought AUD/JPY @85.785
Here is the chart. Looks good in 30M chart.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY.PNG Size: 24 KB
4 traders viewing now