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Thanks for sharing FXCRUISER! Looks really good. What time frame are you trading off mainly? I like the looks of the 4hr.
I am usually on H1 or M15. At today early US opening, I was using M15 and closeout about +100 pips on EUR/USD. It just all depends on what suits your trading style the best. At times, trade entries on trend beginning on lower TF will carry on to the higher TF, i.e. H4 or even D1.
I like the Heiken Ashi, especially this set up, because it gives me the flexibility to trade short term. long term or both.
Hi FXCruiser
Thanx so much ! Could I check with you what would your entry and exit points be? How do you use the RSI 21 with your other indicators? How do you use the 89EMA with the two 20SMAs?
Thanx
I am usually on H1 or M15. At today early US opening, I was using M15 and closeout about +100 pips on EUR/USD. It just all depends on what suits your trading style the best. At times, trade entries on trend beginning on lower TF will carry on to the higher TF, i.e. H4 or even D1.
I like the Heiken Ashi, especially this set up, because it gives me the flexibility to trade short term. long term or both.
Enjoy!
fxcruiser
Thank you very much for your system......want to use the heiken for a while. but not comfortable with it before.......now thanks to you.....A BIG THANKS......