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Heikin Ashi Trader: How To Read Candlesticks (full-time trader)
In episode 312 of the Desire To Trade Podcast, I sit down with Michael Toma, a Heikin Ashi trader who shares how to use Heikin Ashi candlesticks in any market. You'll learn how to read Heikin Ashi and what Heiken Ashi tells us about Humans.
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Watch the video interview here
Topics Covered In This Episode
- 0:00 Start
- 0:15 Introduction
- 2:18 What Heikin-Ashi candles tell you about the markets that traditional candlesticks don't
- 3:47 How Heikin-Ashi works: Example 1
- 5:28 Does Heikin-Ashi work in trending markets only?
- 6:55 Does Heikin-Ashi candle size matter?
- 8:26 How to incorporate Heikin-Ashi into your trading: Example 1
- 9:42 Why Michael doesn't care if Heikin-Ashi candles don't show the current price
- 10:44 Heikin-Ashi in play: Example 2
- 12:49 What indicators can be used to complement Heikin-Ashi
- 14:01 Are Moving Avegares + Heikin-Ashi a good mix?
- 15:06 Why Heikin-Ashi is not simply a red light – green light system
- 16:34 What timeframes does Heikin-Ashi work best in
- and much more
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
Example 1 (EURUSD with Bollinger Bands)
Example 2 (MESU with VWAP)
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What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!