Trading via Heiken Ashi candles

[caroleti3]

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.

[carpinteyroxcz]

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.

[Charlescuh]

his 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.

[cathleenua16]

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.http://static2.trade2win.com/boards/images/smilies/icon_eek.gif
Good night folkshttp://static2.trade2win.com/boards/images/smilies/icon_smile.gif __________________

[admin]

I've found H-K useful for assessing trend in swing to medium term trades - it smooths candles in the same way as price in moving averages. Don't think it would be so useful for very short timeframes where actual price is more relevant.