More TA approaches-Heiken ashi

neil

Legendary member
5,167 748
Swing trading with heiken ashi and stochs

Swing trading with heiken ashi and stochs @ Forex Factory

You have to make up your own mind as to whether approaches here suit your trading personality or offer the opportunity for profit. If it makes you think more about trading then all well and good. For example; Demo any approach you come across and see how you fare in the profit and loss arena of the trading world. Good luck:)
 

neil

Legendary member
5,167 748
Swing trading with heiken ashi and stochs

Swing trading with heiken ashi and stochs @ Forex Factory

You have to make up your own mind as to whether approaches here suit your trading personality or offer the opportunity for profit. If it makes you think more about trading then all well and good. For example; Demo any approach you come across and see how you fare in the profit and loss arena of the trading world. Good luck:)

Read the PDF on post 1640 (Hugh Briss) -sets out the approach in more detail:)

Swing trading with heiken ashi and stochs - Page 110 @ Forex Factory
 

neil

Legendary member
5,167 748
Has this been back tested? what is the rate?

Clearly you haven't read the thread - it's all in there-just needs some effort from you !
You could even demo it yourself ? Yeah - I know-you want instant sytem, instant riches, for fick all effort:rolleyes:
(Where's my Andrews liver salts)
 

ZEN archer

Experienced member
1,528 241
Swing trading with heiken ashi and stochs

Swing trading with heiken ashi and stochs @ Forex Factory

You have to make up your own mind as to whether approaches here suit your trading personality or offer the opportunity for profit. If it makes you think more about trading then all well and good. For example; Demo any approach you come across and see how you fare in the profit and loss arena of the trading world. Good luck:)

It seems like he's not using that system at the moment. He used it for less than a year after 'years worth of trial and error, blood, sweat and tears' as he put it in PDF?

BTW He's a commercial member(vendor) now :whistling
 

neil

Legendary member
5,167 748
It seems like he's not using that system at the moment. He used it for less than a year after 'years worth of trial and error, blood, sweat and tears' as he put it in PDF?

BTW He's a commercial member(vendor) now :whistling

That rings alarm bells -method not good enough to earn his daily bread then(n)
 

wackypete2

Legendary member
10,229 2,055
That rings alarm bells -method not good enough to earn his daily bread then(n)

Hi Neil,

my 2 cents...

The method is sound - trend following. Dinos got me looking at HA candles and they've grown on me. As always some common sense is wise such as avoiding mechanical methods just before NFP or other major news events.

One more thing. I'll be a contrarian here but we all evolve as traders. If the author found this method profitable but then some time later he found an even better method that doesn't necessarily invalidate the first method. The trader has just moved on to better methods. I don't know if that's the case here or not although I'd be less sceptical if the pdf author wasn't a vendor. I just wanted to point that out.

Peter
 

Ristoril

Junior member
28 0
Swing trading with heiken ashi and stochs

Swing trading with heiken ashi and stochs @ Forex Factory

You have to make up your own mind as to whether approaches here suit your trading personality or offer the opportunity for profit. If it makes you think more about trading then all well and good. For example; Demo any approach you come across and see how you fare in the profit and loss arena of the trading world. Good luck:)

the best trader in the world that I know does HA and stochs. But it just doesnt make sense to me.
 

ZEN archer

Experienced member
1,528 241
That rings alarm bells -method not good enough to earn his daily bread then(n)

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Thanks for posting the link Neil - there were few useful things there (after all he was not a commercial member when he started the thread)

Pete mentioned Dino's system (using Heiken ashi) - if I'm not mistaken Dino's approach is short term with limited targets and more suitable at the moment. FF guy's approach is more towards trending markets and that may be the reason why he stopped using it. I've looked into it and as Pete said, it's a sound approach and I wouldn't dismiss it. The guy is a prolific author with few other systems - the newest being a trend following EOD system where one follows the trend and keeps adding till the end. Of course with these kind of systems one needs to survive lots of failed trades in order to go for a home run trade that would pay for all the losses and make extra profit. That may be the reason for him turning commercial - not having a big enough account?

I agree with Pete about us evolving as traders and that's one of the reasons I was doing this research. I like some of the guy's ideas and I wouldn't say I wasted my time:)
 

neil

Legendary member
5,167 748
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Thanks for posting the link Neil - there were few useful things there (after all he was not a commercial member when he started the thread)

Pete mentioned Dino's system (using Heiken ashi) - if I'm not mistaken Dino's approach is short term with limited targets and more suitable at the moment. FF guy's approach is more towards trending markets and that may be the reason why he stopped using it. I've looked into it and as Pete said, it's a sound approach and I wouldn't dismiss it. The guy is a prolific author with few other systems - the newest being a trend following EOD system where one follows the trend and keeps adding till the end. Of course with these kind of systems one needs to survive lots of failed trades in order to go for a home run trade that would pay for all the losses and make extra profit. That may be the reason for him turning commercial - not having a big enough account?

I agree with Pete about us evolving as traders and that's one of the reasons I was doing this research. I like some of the guy's ideas and I wouldn't say I wasted my time:)

Agreed -all good points discussed above.
Try reading this guys posts -he tends to go for ten pips a time- I trade a variation of this among other approaches.

Ryanmcd's Profile @ Forex Factory

:love:
 
 
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