Day trading with Heiken Ashi System

Day trading with Heiken Ashi System is a trend following system based on pullback pullback trading technique. Trades only in the direction of the main trend.

Time Frame 15 min, 30 min.

Currency pairs: EUR/USD, USD/CAD, GBP/USD, GBP/JPY, USD/JPY, USD/CHF.

Trading Sesssion: Tokyo, London and New York.

Forex Indicators:

10 EMA, close.

30 EMA close,

Heiken Ashi.

Trading rules Day trading with Heiken Ashi System

Buy

EMA 10 above EMA 30 and wait that the gap between the two Emas is to large.

Entry when Heiken Ashi candles come to pull back between the two EMAs.

Timing blue Heiken Ashi candle.

Sell

EMA 10 below EMA 30 and wait that the gap between the two Emas is to large.

Entry when Heiken Ashi candles come to pull back between the two EMAs.

Timing red Heiken Ashi candle.

Exit

Stop loss 20-25 pips or above/below the 30 EMA.

Profit Target 30-40 pips.

The key to this strategy is to learn how to assess the gap between two mobile media.

This is a discretionary assessment that you learn with practice.

In the chart below examples.