More Elliott Wave Formations. Let’s take a look a some more Elliott Wave formations. The Zig-Zag Formation Zig-zag formations are very steep moves in price that […]
Corrective Waves. Let’s take a look at some corrective waves. The 5-wave trends are then corrected and reversed by 3-wave countertrends. Letters are used instead of numbers […]
The Waves. Continuing our discussion of the waves, here is a short description of what happens during each wave. Wave 1 The formation of Wave 1 […]
Impulse Waves. Now let’s take a look at impulse waves. Mr. Elliott showed that a trending market moves in what he calls a 5-3 wave pattern. […]
Fractals. What are fractals? To better understand Elliott Wave theory, we need to understand fractals. Basically, fractals are structures that can be split into parts, each […]
Introduction to Elliott Wave Theory. Now let’s start with an introduction to Elliott Wave theory. Elliott Wave is a form of technical analysis that was developed by […]
How to Interpret Heikin Ashi Candlesticks. Let’s continue our discussion by learning how to interpret Heikin Ashi candlesticks. Chart Observation Interpretation Green candlesticks with long bodies […]
Heikin Ashi Cheat Sheet Here is a Heikin Ashi cheat sheet. Heikin Ashi is a type of price chart that consists of candlesticks. Modified Japanese candlesticks. A […]
The Limitations of Heikin Ashi. Let’s continue our discussion from yesterday on the limitations of Heikin Ashi. Now let’s look at a daily chart of EUR/USD […]
Limitations of Heikin Ashi. What are the limitations of Heikin Ashi? Unfortunately, Heikin Ashi is not the holy grail. Heikin Ashi definitely ain’t no Ed Sheeran song. […]
More Methods on How to Trade Using Heikin Ashi. Let’s take a look at three more methods on how to trade using Heikin Ashi. 3. Candlesticks […]
How to Trade Using Heikin Ashi. How do you trade Heikin Ashi? As mentioned in a previous lesson, using a Heikin Ashi chart makes trends easier to identify. […]
How to Use Heikin Ashi to Identify Trend Direction. A Heikin Ashi chart shows you the direction of a trend through its color-coded candles. A green candle […]
How to Use a Heikin Ashi Chart. How do you use Heikin Ashi? Now that you’ve learned how to calculate Heikin Ashi candlesticks, let’s discuss how to […]
How to Calculate Heikin Ashi. Let’s take a look at how to calculate Heikin Ashi (HA)? Let’s learn how HA candlesticks are calculated and plotted on a chart. […]
Comparing the Heikin Ashi to a Traditional Chart. Let’s continue comparing the Heikin Ashi (HA) to a traditional chart. Here are the charts side-by-side… This is […]
Comparing the Heikin Ashi Candlestick Chart. Let’s look at a comparing the Heikin Ashi (HA) Candlestick Chart vs. Traditional Japanese Candlestick Chart. A picture is worth […]
What is Heikin Ashi So what is Heikin Ashi (HA)? In Japanese, Heikin means “average” and Ashi means “pace”. So together, Heikin Ashi means the “average […]
What is Heikin Ashi? What is Heikin Ashi? You’re probably familiar with the three popular chart types: line chart, bar chart, and candlestick chart. But there’s another type of […]
Summary: Pivot Points. Let’s summarize what we’ve learned about pivot points. Pivot points are a popular technical analysis tool used by traders to identify potential support […]
Which pivot point method is best? Over the last several days, we reviewed various pivot point methods with the goal of determining which pivot point method […]