Trading Heikin Ashi

January 11, 2023

cropped premier forex favicon 512px
My picture - Bt Stew

by Bt Stew

Have you ever tried trading Heiken Ashi charts?

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.

1. Green candlesticks signal an uptrend.

Heikin Ashi Green Candle Signals Start of An Up Move

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.

2. Green candles with no lower wick indicate a strong uptrend.

Heiken Ashi with No Lower Wicks or Shadows

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.

3. Candlesticks with small bodies showing upper and lower shadows indicate a possible trend reversal (or trend pause).

Heikin Ashi Candles with Small Bodies and Wicks on Both Sides

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.

4. Red candlesticks signal a downtrend

Red Candles Show Downtrend

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.

5. Red candles with no upper wick indicate a strong downtrend.

Heikin Ashi Candles with No Upper Wicks or Shadows

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.

LIVE HA CHART TRADES. WATCH NOW!

John Kehoe - Learn Life Secrets Banner - 300px

Amazing

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...

profile user testimonial 1

Jasfran

Master Trader

Silver membership logo and featured image

$97.00

2 Week Trial then renews at $194/mo.

Everything Included! Complete Access to All Services

Live Trading Room
Live Forex Signals
Live Streaming Indicators
Live Chat
Members Area
Mindset Training
All Courses
Forex Playbook
Meditations
Full Site - All Access

Delicious

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...

User Profile Picture 14 - Testimonial

BR

Master Trader

White Premier Forex Logo Large

11320 State Route 9, Champlain, NY 12919

1-518-531-8698

info@forexsignalroom.com

Live - 8:30 am - 5:00 pm EST Mon-Fri

January

Monday

January

01

1999

Subscribe below for promotional offers & events

Copyright. April 12, 2024 Premier Forex League. All Rights Reserved

Get Access to over $1997 in bonuses!

Enter your details below to get access via email to the entire bonus area with over $1997 in software, eBooks, courses, and more!

Close