Example – It’s not the right time for scalping

Last night I looked charts seeking the opportunity for trading, I looked at the M1 chart (eur/usd) and saw that it was not the right time for scalping. Then I remembered that I did not explain the case when heiken ashi shows “super noisy” trend.

The main purpose of Heiken Ashi is filtering false changes of the trend and forecasting the future direction of price movement. In case that Heiken Ashi can’t show a clear trend, then you know that it is time to stop trading.

In the picture you can see what I’m talking about.
(click on image to enlarge)

I scroll chart few hours back, to show you the right time for scalping. Heiken Ashi look greats, it’s right time for trading (picture below).

Although I finished the basic stuff on my scalping strategy page, there are many things that need to be explained, so I’ll continue to do regular page updates.

Today you shouldn’t scalp at all, look at the chart it’s to noisy.

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