DAILY HEIKIN-ASHI UPDATE_8-23-16 'TradZ' Is Tha Name, Trades Is Tha Game
DAILY-Chart
Another update brought to you by the 0ne & only, TradZ! I truly hope someone
find these updates valuable and do remember, if you have any questions on how
to trade and or how to get started, tips, suggestions, send me a reply.
I also feel that by doing these updates, it will allow for me to see my
growth thus, making me a much better trader...
Now back to where we left off yesterday, you can see we are indeed heading up
for a nice short ride as we are clearly still in a major downtrend. Early
this morning I had the opportunity to get back in@around 100 even but ended
up getting back [email protected] for my hold onto trade(if you will). That price
was still a lot better than my initial entry(1st Analysis update)@100.272. I
took a small profit but wasn't satified and so [email protected] and is
almost@my target of 100.393. When or if I see fit to follow the Daily-chart,
only then will I hold for a Major profit. But in the meantime, I will stick
to reasonable trades to grow my account to where I can profit nicely off of
smaller moves so that I don't have to deal with being on the screen so much.
This is why I strive to get into a nice daily trend and just scalp where see
fit.
On the Daily chart you can see price getting smaller indicating a change and
the circled area represnts a reversal(Heikin-Ashi view). On the 4hr.chart we
now see green candles are in play - 4hr.Chart
and on the 15min-chart you can see the nice
curve reversing :) - 15min. Curves like a woman :)
Although my target [email protected] I may just get back in on a nice pullback to
target 101 depending how things start to shape or look. By the way, I observe
the charts on over@"TradingView" - I go by 'TradZ'. Send me a private
message if you ever end up there(if not already) to let me know your in the
buildiN!
I guess this is all I got till the next update, stayed tuned :) Oh, and I
will also start placing previous charts next to the new charts(pics) so in
case no one feels like going back to the previous updates to compare the
change, In order to save time. Checkout how we are also now into the BLUE:)
TRADE SAFE...
4hr. RSi
AND NOW WE ARE INTO THE 'BLUE'
Thx f0r the votes steem-team and don't forget to ask me anything you may have in mind.
After observing the charts I had seen that it was too bullish & so I decided to go with new targets - illustrations are as is :
First Target:
Then will re-enter and go for my 2nd Target -
Notice how I used the Jap-Candlesticks for this observation. If deciding to use the H.A. Candlesticks, make sure you learn the Jap-Candles first. I highly suggest Jap-Candles first:)
I will no longer be blogging every single day unless I'm actually staying inside of the Daily-Chart so that I can display the candle change hence, "DAILY" . We have some major news this Friday and big news creates volatile movements and the markets starts to act funny day's prior. I will start blogging the update once I get in position. Write ya later!