January 11, 2023
by Bt Stew
Heikin Ashi allows traders to look for the emergence of new trends or for the reversal of already existing trends.
Here are five basic ways to use Heikin Ashi charts in your trading. At the end of this short overview I have included a video that will show how to use the Heiken Ashi charts along with a coined phrase called “MOM Stops”. It is the use of momentum to get you out of a trade with minimal loss if your not sure about the trade.
When the Heikin Ashi candle changes from red (bearish) to green (bullish), it’s a sign that price might be about to turn higher.
If you’re currently in a short position, you may want to exit. If you’re currently in a long position, you may want to add to your position.
If you see a lot of green shaved bottoms, you’ll see a strong uptrend. Stay long and until the Heikin Ashi candlestick changes color, from green to red. Ride the uptrend as long as no lower shadows appear and let your profits run.
Open a position opposite the current trend since the trend may be coming to an end. Keep in mind that though that IF the next candlestick changes color, it does NOT always mean the end of a trend, it could just be a pause.
When the Heikin Ashi candle changes from green (bullish) to red (bearish), it’s a sign that price might be about to turn lower.
If you’re currently in a long position, you may want to exit. If you’re currently in a short position, you may want to add to your position.
Notice the amount of red shaved heads? That’s a strong downtrend. Stay short and until the Heikin Ashi candlestick changes color, from red to green. Stay short and ride the downtrend as long as no upper shadows appear and let your profits run.
In early 2015 I was searching for a second income, an extra wage to help pay the bills. I’d had a go at MLM but found all the extra work time consuming. I started looking into binary options and in doing some research I came across a BOTS review. Straight away I was impressed but wanted to do some more research and over the next couple of weeks I found myself drawn to the site on a few occasions and in May 2015 I decided to give it a go. Read more...
2 Week Trial then renews at $194/mo.
Everything Included! Complete Access to All Services
I found this class by accident. I was already doing some forex and binary when I found MT’s site. Getting texts when to buy and when to sell from the other service I was using was a complete joke. I couldn’t stand the waiting and wondering if we were getting a text or not. It always made me wonder where they are getting the signals. How did they know this and why wasn't it more consistent. One thing for sure they did put a lot of hype to get you to join.
Then I found a video of MT’s session. Read more...
11320 State Route 9, Champlain, NY 12919
Live - 8:30 am - 5:00 pm EST Mon-Fri
Subscribe below for promotional offers & events