Tue. Oct 19th, 2021

Listen to the audio episode:

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 chandeliers in any market. You will learn to read Heikin Ashi and what Heiken Ashi tells us about humans.

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Watch more videos with Michael Toma

Watch the interview video here

Topics covered in this episode

  • 0:00 Start
  • 0:15 Introduction
  • 2:18 What Heikin-Ashi Candles Tell You About Markets That Don’t Make Traditional Chandeliers
  • 3:47 How Heikin-Ashi Works: Example 1
  • 5:28 Heikin-Ashi only works in trend markets?
  • 6:55 Does the size of Heikin-Ashi candles matter?
  • 8:26 How to incorporate Heikin-Ashi into your business: Example 1
  • 9:42 Why doesn’t Michael care if Heikin-Ashi’s 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 Moving Avegares + Heikin-Ashi are a good mix?
  • 15:06 Why Heikin-Ashi is not simply a system of red light – green light
  • 16:34 In what terms does Heikin-Ashi work best
  • and much more

What do you need to implement after listening to this podcast? Leave a comment below or join the Facebook group.

Mentioned resources

Example 1 (EURUSD with Bollinger Bands)

Example 2 (MESU with VWAP)

Desire to Top Trade Resources

About the Desire to Trade Podcast

How to find Michael Toma?

What should you implement after listening to this podcast episode? Leave a comment below or join the Facebook group.

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