Heiken-ashi
SUIUSDT MOVING AS PLANNEDINTRO: congratulations to those of us who took this trade on SUI, went and still moving well as planned
follow me, so that you will be the first person to get a notified when ever i drop a new update, signal or idea
Silver Bullet Strategy on US30 Wrap - up (Traded in profit)This is a wrap-up video to finalize the earlier setup on US30. The video is linked below.
Using this method, you can validate pivots and liquidity unmitigated in the market during phase 1 of the session.
This tells you where to trade to for phase two. You use the unmitigated levels found during phase one.
Phase 3 is the silver bullet momentum area where its telling you how the market will react and move for phase 4.
This tells you if you should be taking longs or shorts which helps you to understand which levels need to be taken out on either side of the market.
In the next few days ill put together a step by step tutorial on how to achieve the use of this setup to lock in your trades with more confidence.
My Silver Bullet Strategy analysis for US30Id be happy to teach this one to you guys.
Im working on a strategy specifically designed for Forex Markets.
There is a system i am creating called my version of a Silver Bullet Strategy that allows you mark out the phases of forex markets and as a result you can better plan your entries instead of having to sit there and wait for price action to play out the way youd like to.
This method is based on time and volatility of the market, and using just a session indicator with proper settings can help you get the information you need.
I cut the video early because i cant wait for the market to play out but ive already marked up the chart.
Ill post an image below of the completed days run of US30 so we can see how my mark ups coincide with the price action analysis.
Master Pattern Trading Strategy | Smart Money Concepts💰10000LADYSUSDT | LONG TRADE
#1 - H8 FLAT BACK BULLISH HEIKIN ASHI ( At the Sweet Spot )
MONTHLY / DAILY / H12 / H8 / H4 BULLISH - UPTREND - Long bias
#2 - Jumped onto the LTF M5 CHART and entered my LONG when price was below the value line in combination with the TDI shark fin entry.
If price is confirmed on a bullish uptrend on the Higher time frame, then we mark out master pattern on our entry charts, and look to take counter trend entries, when price is below the value line for long entries.
These are the best entries to catch the wave of the trend with the lowest drawdown.
#3 - You can exit your trades at value lines or liquidity lines.
Contraction boxes are formed when price squeezes and forms a simultaneous lower high and higher low, this shows that the supply and demand is equalizing.
When price breaks out the box this forms the expansion phase, which is shows incoming volatility is entering back into the market.
When price enters into the expansion phase we can look for trade the range of the 2nd phase and let it carry us into the trend when it moved into the 3rd phase of the market.
What is Heiken Ashi and how to use it?Are you looking for a new way to analyze the markets and identify trends? Heiken Ashi is a powerful charting technique that can help you do just that. It provides traders with an easy-to-read visual representation of price movements that can be used to make more informed trading decisions. In this blog post, we'll cover what Heiken Ashi is, why it's so beneficial, how to read the candlesticks, when to use it, and offer tips for trading with it. With this knowledge, traders can use Heiken Ashi to take their trading to the next level.
Definition of Heiken Ashi
Heiken Ashi is a charting technique used to identify trends and smoothen out price fluctuations. It was derived from the Japanese candlestick charting techniques, and it is based on open, high, low and close prices from the previous session. When these prices are averaged, they form Heiken Ashi candlesticks which can be used to analyse market movements. The colors of the Heiken Ashi candlesticks are determined by the relationship of the current open and close prices compared to the previous session's open and close price. If the current open price is greater than or equal to that of the previous session, then a green or blue candle will appear on your chart; conversely if the current open price is less than that of the previous session, then a red or yellow candle will appear. By using this information traders can make informed decisions about when to enter and exit positions in order to maximize profits. Heiken Ashi also helps reduce volatility in comparison with regular Japanese candlesticks as it takes into account both recent and historical information when plotting candles. This allows traders to see a clearer picture of what’s going on in their chosen markets without being overwhelmed by too much noise or irrelevant data points. Additionally, since Heiken Ashi plots values over time rather than simple one-time snapshots like traditional candlestick charts do, traders can use this information to better predict future trends in their chosen markets. Overall, Heiken Ashi is an incredibly useful tool for any trader who wants to accurately identify trends in their chosen markets and make more informed trading decisions based on real-time data analysis. By leveraging its capabilities traders can gain insight into market movements more quickly and accurately than ever before.
Benefits of Heiken Ashi
The Heiken Ashi charting technique is a valuable asset for traders of any skill level. It can help investors easily identify trends, smoothing out the price action to offer a clearer picture of the market. This strategy is especially useful in range-bound markets, where it can signal when trends are likely to change direction.
Heiken Ashi also assists in identifying potential entry points with greater accuracy by recognizing patterns earlier on. In volatile markets, this technique can be even more beneficial as it helps traders prepare for sudden price movements before they occur. By combining Heiken Ashi with other strategies such as Fibonacci retracements and Elliot Wave Theory, traders have a better chance at predicting market direction and making sound trading decisions for increased profits.
Overall, Heiken Ashi's ability to smooth out price action and recognize potential entry points gives investors an advantage in their chosen markets that unassisted candlestick charts cannot offer. With its multitude of benefits, traders of all levels may find this tool very advantageous when trying to achieve success in their investments and trades.
How to read Heiken Ashi Candlesticks?
Heiken Ashi candlesticks are constructed using open, high, low and close prices from the previous session. The colors of the Heiken Ashi candles indicate whether the current open and close prices are higher or lower than the previous session’s open and close price. Red/black Heiken Ashi candles indicate a bearish candle, while green/white Heiken Ashi candles indicate a bullish candle. If the red/black candle is followed by a green/white candle - this indicates an uptrend, while if the green/white candle is followed by a red/black one - it indicates a downtrend.
The Doji candlestick is another type of Heiken Ashi candle which occurs when the opening and closing prices of a session are equal to each other - this typically indicates some indecision in the market. When trading with Heiken Ashi, it is important to always be aware of support and resistance levels as they can help you identify potential entry points in your chosen markets. Support levels occur when there is enough buying pressure to push prices back up after they have dropped below them, while resistance levels occur when there is enough selling pressure to push prices back down after they have risen above them. A break of either support or resistance could signal an impending trend reversal, so traders should always pay attention to these levels when trading with Heiken Ashi.
Finally, traders should also be aware that false signals may appear on their charts due to lagging indicators like moving averages or oscillators; therefore it's important to use additional strategies such as Fibonacci retracements or Elliot Wave Theory in order to confirm any potential trade opportunities before entering them into your chosen markets. With this knowledge about how to read Heiken Ashi candlesticks combined with other strategies like Fibonacci retracements or Elliot Wave Theory, traders can make more informed decisions when trading with Heiken Ashi.
When to use Heiken Ashi?
When it comes to trading with Heiken Ashi, timing is key. The Heiken Ashi technique can be used to identify trends and trend reversals, allowing traders to make more informed decisions about when to enter or exit the markets. It is especially useful in volatile and ranging markets, where traditional analysis techniques may not provide enough information to accurately predict price movements.
Heiken Ashi candles can also help traders identify entry and exit points. By looking at the color of the candles, traders can determine whether a trend is likely to continue or reverse. For example, if the most recent candle is red, indicating a bearish trend, then this could signal an upcoming reversal in price. Similarly, a green candle indicates that the current bullish trend may continue for some time longer. However, it’s important to remember that Heiken Ashi signals should only be used as part of a larger trading strategy; they should not be relied upon alone as they do not always accurately indicate future market direction.
Many traders use additional indicators such as Fibonacci retracements or Elliot Wave Theory in combination with Heiken Ashi candles for even more accurate signals. When combined with other analysis techniques such as support and resistance levels or moving averages, Heiken Ashi can provide valuable insight into potential entry and exit points in any given market. Additionally, traders should pay attention to volume when using Heiken Ashi candles; if there is an unusually high volume on a particular day this could indicate that there are larger players at play who may influence future market direction.
Finally, it’s worth noting that although Heiken Ashi works on all timeframes from one minute up to monthly charts, it tends to be more accurate on longer timeframes such as daily or weekly charts due to its smoothing effect which reduces noise from shorter-term fluctuations in prices. Ultimately however which timeframe you choose depends on your personal trading preferences and goals; so experiment with different settings until you find something that works for your particular situation.
Tips for Trading with Heiken Ashi
Using Heiken Ashi in trading can be a great way to identify and take advantage of market trends. Here are some tips for using Heiken Ashi in trading:
Utilizing Trend Lines: Utilizing trend lines is an important part of trading with Heiken Ashi. When the candles begin to form a pattern, traders should draw trend lines to better understand the direction of the market. These trend lines can help traders identify potential entry and exit points, as well as any potential stops that need to be set.
Pay Attention To Color and Direction: Traders should pay close attention to changes in color and direction of the Heiken Ashi candles. When there is a change in color or direction, this could be an indication of a potential reversal or continuation of a trend.
Multiple Time Frames: Using multiple time frames can help traders get an overall picture of the trend they are looking at. For example, looking at both daily charts and hourly charts may give traders an idea of whether current trends will continue or if they have reached their peak.
Risk Management: Practice risk management when trading with Heiken Ashi. Risk management includes setting stop loss orders to protect against possible losses due to sudden price movements, utilizing proper position sizing according to your current account balance, and keeping emotions such as fear and greed out of your trading decisions.
Setting Stop Loss Orders: Setting stop loss orders can help protect against unexpected losses due to sudden price movements. By setting these orders ahead of time, it allows traders to minimize their losses if the trade does not work out as expected.
By following these tips for trading with Heiken Ashi, traders can use this technique effectively when making more informed decisions about their trades.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Going short on AUDNZD A bounce back from major resistance and bearish momentum on heiken-ashi are a strong indication for going short in this pair
CSC-HARSI UPdate: Bull Rejection / Bear RejectionWhat's new in this indicator
Support and resistance levels have been re-coded to give you a cleaner visualization.
as always when you see a support indication you set the support level at the close of the candle. if they cancel this red you place it at the bottom.
If the candle is green you place it at the top.
You always place the S/R level at the close of the candle.
Two other indications added to the script are called, Bull Rejection and Bear Rejection.
--Bull rejection shows up when there's a bullish rally and then there's enough resistance to stop that upward move.
--Bear rejection is when there's a bearish move and there is enough resistance to stop that downward move.
If you get a resistance indication followed by a bullish rejection indication you should exit your trade. Because it's showing you resistance at that level and enough pushing back down.
If you get a support indication followed by a bearish rejection you should exit that short trade because it's showing you there is support at that level and enough force pushing to the upside.
350 $ETH in Early/Mid October. Weekly #heiken-ashi analysis.Based on previous cycles and more importantly the broader economic markets, ETH has the potential to reach 350 in October before stabilizing and then ranging through first quarter of 2023.
Q2 GDP will officially declare the recession that the US is obviously in. Bad earnings will drive all markets down, Oil/Natgas will still lead the way as long as there is an ongoing energy war.
Good opportunities to cost average down in ETH, or start to look at better alternatives like SOL and AVAX as good long term positions.
ETH- Sitting at Supply Level- UpdatePosting a quick update on ETH here as it's currently sitting at a make-or-break spot. ETH is holding quite a large symmetrical triangle here on the daily timeframe but also is rejecting both its 20 and 50-Day EMAs. ETH is also currently hugging a big RSI-Based supply level & bouncing off the .236 FIB level.
Additionally, something certainly worth noting and keeping an eye on the 4-Hour timeframe- Big Head and Sholders formed along with a bearish bat harmonic pattern (See Attached Chart Below). On a slightly different note, with pending regulations rolling out I personally would expect some further downside as the panic selling begins. Heikin-Ashi candles already depict a decrease in bullish momentum. Just some FIB levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- Bearish in the short-term but bullish in the long-term so will be watching closely for potential long entries, all previous charts are attached below.
- Symmetrical Triangle on the daily timeframe
- Hidden Bearish divergence on the RSI on the 4-Hour Timeframe
- Head & Shoulders on the 4-hour
- Bearish bat harmonic pattern on the weekly timeframe (See Attached Chart Below)
- Declining volume on the weekly timeframe (See Attached Chart Below)
--4-Hour Timeframe--
--Previously Charted--
DXY is very correlated with 1/BTC latelyIgnore the scale of the chart.
DXY goes down, 1/ BTC goes down. Which means BTC goes up along with assets until we reach DXY support.
Now check the long term support for DXY:
Good luck and hedge your bets!
AN EXAMPLE ON TRADING "DOWNTREND" USING HEIKEN ASHI + EMAsThis is meant as a note to learn about using simple trend trades using heiken ashi candle and 10/30 EMAs.
Notes:
1. Preferably watch a basic rules of Heiken Ashi Candle shapes.
2. Why Heiken Ashi is used? Less Noise, no reversal pattern, purely identification of trend and EMAs.
3. This demonstration using Zil/USDT is used as an "EXAMPLE" in a downtrend scenarios. (If you want to see how the uptrend works comment below).
4. Please DO your own research before using this strategy as this is not financial advice.
Excellent volumes, Aiming to fly fast toward north$ORN #ORION #PROTOCOL Exceptional volumes seen in $ORN during the recent times. Fantastic reversal seen from support and the breakout of the trendline resistance. If #BTC stays good this will the fastest one to fly north. Interesting setup up overall for sure. #Watching
SOME WOULD BUY NOW - I'm still selling. Let's see what happens.All indicators say bearish market. All charts must agree to make money. Remember to manage your money wisely.
GANN THEORY Strategize UPDATEWanted to post a couple of pictures about editing and cleaning up the strategy and make it more SIMPLE to understand the thought process of behind it. I had to Remove a couple of indicators names CM_SLINGSHOT and DREADBLITZ DRSI from the indicator am replacing these indicators w/ a 100 (p) exponential moving average to filter weather we should go long or short. Adding the Bull vs Bear Power by DGT. setting i have on this indicator is 13 check SUM, histogram, 1 smoothing, 0 recall, drop-down box to LEAST. 'This indicator and the CM_ULTIMATE_RSI MULTI TIME FRAME by Chris Moody works very harmoniously together. The following pictures will explain why. Also the alert can be set on the 70 30 lines of the RSI.
this picture shows the BULL vs BEAR POWER telling us the trend so we know what direction we should DIRECT it outwards to 'Project.'
based on the Direction of the trend on the Daily we alerts on the 70 30 lines of the RSI. and the 2 GANN-Fib lines ' usually its the .618 and .75 lines. (yes i rename my ALERTS as 70 30 and GANN FIB ALERT) easy tooltip to reference you already know what your looking at when you set something to crossing. i want to be sure to look at the Right thing when i get to the chart. '' focus '' type strategy.
example of one of my favorite trades to take with GANN---- its a RISK off (means if it goes the other way you only loosing a small fraction of profit.) But if it goes well like the example it can give 28 risk reward ratio. The second trade that is using the MTF_RSI, support resistance MTF, and BULL vs Bear power in all in sync.
this is on a 5min chart sorry for the resolution... but explaining the harmonious sympathy that these indicators make.
this is y i rather use the 5min chart with the 15min chart___ look at the that Blue line on the BULL VS BEAR POWER on the 5 min. perfect exit for full profit. If you use the EXIT 'last chance' you would of only had a small gain.
To sum this up, I take 2 different types of trades RISK OFF trades with GANN FIBS ___ you will see the S/R lvl to support the move. Then trades off the MTF_RSI after a pullback with conjunction of the BULL VS BEAR. My requirements are longs over 100 ema and shorts under 100 ema and the bull vs bear power has to say STRONG TREND __ADX RISING___ if it says ADX_FALLING then be warned.
Thanks for taking the time to read this i really appreciate any feedback.
ETH : a wild Doji appears at 3200!!
looks like a trend reversal soon. could be a consolidation period but at the price range I'm thinking more likely bulls coming.
wait for candle confirmation and look to other indicators. I'm just looking in the window trying to see what's going on.
comments and criticisms welcome.
GBPUSD longs on 4HR as it strengthens against DXYBuy GBPUSD with strict SL. Trend lines and FIB support and strength against DXY and high RSI are all supportive of bullish Heiken Ashi to continue.
BTCUSDTTechnically speaking, a strategy for mid-term investment can be a combination of EMA on 4D Heiken Ashi plus the MACD indicator. This EMA has been a good support level since the COVID crash in the #BTC chart. Combining this dynamic support line with the MACD-cross signal, we can derive a reliable buy/sell signal for the mid-term. Considering the discussed MACD/EMA strategy, IMO we are experiencing a market price structure similar to what we saw after COVID crash.
GBPCHF H2 Short Scalp IdeaClosing candlestick under 200ema, lower high, lower low. TP set at the next demand zone, and there is room to go further potentially.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
[MATICUSDT] 40 cents on its way, then room for moreHi all!
For those who were in MATIC recently you noticed how unlucky we were as everytime we were about to break the triangle, BTC dumped at the same time.
After two massive corrections (Sunday morning and yesterday), I believe we reached a good entry point on most alts.
If BTC holds 48k support then this is what I expect from MATIC in the next two days.
It's currenty forming an ascending triangle.
We'll see the 40-42 area pretty soon.
This is not an investment advice, DYOR.
Good luck everyone!
Bitcoin Trendline break- Long Term Buy Price TargetsBitcoin has recently broken another wedge lower trend line. I took some profit in ETH and BTC when BTC was >60k and am now looking for some entries.
My strategy is long term hold, but I do rebalance my crypto against other assets in my portfolio so that has been forcing me to do some selling. I want to be patient and let this break in momentum play out. So I'll be using the following strategy to determine when to add to my long term holds.
I use two types of targets in a lot of my long term trades.
The first is a momentum signal, and I use both a SMA 8-day or the 4hr heiken ashi candle. At the time of writing the 4hr heiken ashi bear trend had not been reversed. If we get this signal, I will add with the thought being that we are seeing the trend reverse, at least in the mid term.
The second type of target is a lower downward target, and these are looking for oversold conditions. For this I use a 135-day SMA, and the lower Bollinger band set at 80-days, 2 standard deviations lower. This gives us the range $36.5k to $42k.
When we get any of the above signals, that's when I am looking to add to my position for long term hold.
What are your entry targets?
Custom Strategy : Heiken Ashi + RSI + Mama-Kama-Fama I want to share a custom strategy I have been developing on my very own and get your thoughts about it?
I have no friends trader, no mentor, no one I can share my thoughts with, that's why I present my strategies to find other traders interested in sharing and building - perfecting these with me. Together we are stronger.
If you find something to say about it, if you have skills to share (are you able to build trading bots?), please feel free to contact me with your ideas :)
I recently discovered the Mama-Fama-Kama indicator (via @rumpypumpydumpy Thank you so much for your work!) and it acts like a very powerful filter to the system IMO.
Talking about filters, the top-down approach stays the best of all and if you apply it correctly, it gives you in advance the direction of the trade you must look for and the zones you must pay attention to. Then, you simply/strictly follow your rules to catch a valid entry. After that you manage your trade manually or set another set of rules for exit.
I let you have a look. Do you see the rules of the strategy and how to apply? I will post all rules later ...
I don't have the time to continue now, but I will show you how I scalp using only 2 confluent timeframes and how you can literally spot the valid entries before/or at least right when they happen.
As it is commonly said, all indicators are lagging behind the price, my goal was always to find a way to get the opposite and build a system that would give a leading signal. I know some succeeded in this quest, so why not us too?!
