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Heikenashi

USDJPY Long (HA-GANN strategy) 15min ScalpingI should have bought long HERE when the Heiken Ashi changed direction, but I missed it. But I'm still in profit. I entered on the big green arrow. "Buy the dip" on a bullish run. Use Heiken Ashi for a smoother entry. There's only 3 rules for this method. 1.Define Trend 2. Wait for pullback 3. Enter on first candle after the pullback. So if you have an overall bullish trend, wait for the first bearish pullback. After price crosses Gann upward, then take the trade at the close of that first bullish Heiken Ashi candle. Set Target Profit to 30% and Stop Loss to 10%, ALWAYS INCLUDE A STOP LOSS!
Long
by bones1390
1
NaturalGas Moves Sideways, Add Another Doji to the MixNatural Gas moved sideways again today, making that 4 dojis in the last 5 trading days. Trapped within the confines of the 7 and 21 day moving averages, today did close below the pair which is a positive sign for our short side position. I am still looking for a final push down to the 3.05 lower Bollinger Band. The Heikin-Ashi chart confirms price is confined to a tiny sliver. At some point, we will see a major breakout. It may take awhile but when it does break, it should give us excellent trading action. Disclaimer: This post is for educational purposes only. Trading is at your own risk.
NYMEX:NG1!Short
by GoldBands
Gold Falters Amid Profit Taking at Over Bought LevelsGold closed flat on the day after pushing up into the 2 to 3 Std Dev Bollinger Bands. The low of the day was at the .618 Fib level. The daily haDelta also turned red today (top indicator) although the weekly haDelta remains bullish (middle indicator). So while it is clear that Gold is over bought, there is no confirmation yet that the uptrend is over. I will be watching to see the reaction at the 1277 level which is where both the 7 day moving average and the upper Keltner Channels are. The Heikin Ashi candles remain bullish, both on the daily and weekly charts. This tells me that we are still in a buy the dip mode. Disclaimer: This post is for educational purposes only. Trading is at your own risk.
COMEX:GC1!Long
by GoldBands
Gold Tumbles on Dollar StrengthThursday started off promising with Gold hovering around the 1242 level. But then the dollar DXY broke out above the midpoint of the BB and Gold fell, closing the day below the 6 day moving average. At it's low, it touched the 8 day moving average were I am sure many people had their stops. As the Friday session begins in Asia, Gold continues to fall. Statistically, once price breaks below both the 6 and 8 day moving averages, there is a high percentage probability that price will hit the 20 day moving average, or the midpoint of the Bollinger Band @1214. Here is the volume profile chart that I've been showing the last few nights. On the long term profile on the far left of the chart, I had been thinking the price would roll up through the low volume area to POC at 1270. But now with price moving lower, it's interesting the the short term POC on the right profile is at the same level as the midpoint of the Bollinger Band on the daily chart above. Coincidence? Confluence? Let's see what happens. :-) *Disclaimer: this information is for educational purposes only and should not be taken as trading advice.
COMEX:GCJ2017
by GoldBands