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Trading via Heiken Ashi candles
Price action trading with Heiken Ashi ?
Some of you may be interested in how price is represented by Heiken Ashi candles, and their use in one approach to trading price action.
www.forexfactory.com/showthread.php?t=291622
A summary can be found here:
http://www.forexmt4.com/_MT4_Systems...mics/TDI_1.pdf
It seems very easy and I use it as a check on trend .
But I suspect its rules because all the world and his dog must be using it, if it is so good.
I'm trying to find the catch.
This was completely new to me, and quite interesting on that account.
But like Splitlink, I'd be looking for a catch.
Massively long thread. Are they mostly profitable? (Didn't read much of it).
I quite like the actual candles. But I didn't quite follow the rest of it, TBH.
I wish I was more trusting but my opinion is that if this approach is so good then why isn't everyone using this approach to obtain untold riches. Discipline (No- not whips )is key-money management and psychological steadfastness likewise. The "edge"- well, that's something you weld together from study and practice. Good grief -for a moment I thought I had a pitch at Hyde Park Corner.
Good night folks
thanks man.....i'll give it a try...
