– Welcome to the
video on applications of Heiken Ashi Trading Strategy. In this part, I will
be showing you how all the Heiken Ashi trading
concepts that we have covered can be used to identify trading
opportunities in the market. Now I have covered Heiken Ashi
candlesticks in great depth, and link to all those
videos will come up at top right end of your screen. So, let’s get started. So in this video, we
will be looking into applications of Heiken
Ashi Trading Strategy. Now for this particular video, I have selected gold
as an instrument, and this is mainly because in one of the market
analysis videos that I’d made in June 2019 and
then I think in August 2019, I had mentioned about gold
forming a very bullish structure and that it was
about to head higher. So through this video, I’ll just explain my thought
process behind my analysis and I’ll be showing you
how you can stitch together various multiple
time frames together in order to trade in
the direction of trend. So this is something I’m
trying to do more often wherein whatever concepts
we have covered earlier. I am trying to show you
practical applications of same, by taking various
instruments in the market. So let us now get
back to the video where I will show you
how you can conduct multiple time frame analysis and you can use three
separate methods via Heiken Ashi candlesticks to enter and exit trades. Before we move ahead, let me explain the three
time frame combinations that I use consistently with
Heiken Ashi candlesticks. In my own experience, Heiken Ashi candlesticks
is really useful when you analyze trend
over one time frame and then take positions
over a lower time frame. Now as a Trader, you can use this time
frame combination with any other
charting technique, that is, candlestick charts,
bar charts or any other form. So what I do is I
take combination of Daily time frame and
60-minute time frame together. On Daily time frame chart, I analyze the trend, mark out support and resistance and I conduct
retracement analysis. Now once this is complete, I then use the 60-minute
time frame chart to take entry in the trade. Now if you want to trade
over very short term, you can use the combination of 60-minute chart
to analyze the trend and then use 5-minute
time frame chart to enter the trade. I hope this aspect is clear. So let us now begin with
trend analysis of gold. Now in the beginning,
we’ll only be taking this region that I have
marked on the chart. And in the next
slide, I will explain why I have selected
only this region. Now if you recollect,
in the first two parts of Heiken Ashi Trading
Strategy videos, I had discussed how
to use the concept of Initiation candle
and Confirmation candle. Along with this, I
had also explained why shadow of candles was so
important in trend analysis. In this chart, there are four sections
that I have marked out. Two sections have Initiation
candles on the upside and two other sections
have the same on downside. Out of these four sections, the first three sections
have more wide range candles when you compare it with
this fourth section here. Now till this point, demand
on upside is evident. There are very few, if any, bearish candles that are
marked in this region. Now before we move
forward, let me now explain why only this section was
chosen for trend analysis. If you look at the chart, take a look at this
triangle formation over the last six
months in gold. The main reason for
selecting the range that we saw in
the previous slide was this triangle on the chart. Now if price were to break out
above or below this triangle, prior context of trend was
important to place a trade. Do note this point. Now when I have updated
about gold in June 2019, price had moved above this
triangle with the help of these two Initiation
candles that I’ve marked. Now had I not conducted trend
analysis prior to breakout, I wouldn’t have known the
underlying demand in Gold. I hope now you can see why I selected only
this particular range. Now once price moved
above year-old range post this, between
June and September, gold actually gave plenty
of opportunities to go long. So let us look at some
of those opportunities based on the
concepts we discussed in the first five parts
of Heiken Ashi series. So the first way to enter
with Heiken Ashi candlesticks is to enter on
back of combination of Initiation candles
and Confirmation candles. If you recollect,
Initiation candles are those candles that
propel price higher or lower. If you look at the
chart in front of you, these two are Initiation
bullish candles, and the third candle that you
see is Confirmation candle. Once you have this combination, long or short trade
can then be taken. In this chart, once gold broke out of
range on Daily time frame, price consolidated
and then moved lower. Post this, we then
got combination of Initiation and
Confirmation candle which was the cue to
go long in the market. Now this is something
which we discussed extensively in part
one and part two of Heiken Ashi Trading
Strategy videos. So let us look at
this chart again. These set of bearish
candles have to be used to exit the trade and not to
initiate short sell trades. The main reason for this being that we are using Daily time
frame as trend reference. The whole idea here is to align with stronger
players in the market and then to trade in
the direction of trend. So let me now give
you some pointers on when to use the combination of Initiation candles
and Confirmation candles. When you have identified trend as bullish on a higher
time frame chart, wait for such
corrective price action on a lower time frame chart. For instance, in
the previous chart we saw that trend was bullish
as per Daily time frame. Now on a 60-minute
time frame chart, you should then wait for
such corrective price action. Now post this, you
should then enter when you spot two Initiation
candles on the chart, along with the
Confirmation candle. This would signal price aligning back with higher
time frame trend and this in turn becomes your
low risk entry opportunity. Do note that after seeing such negative price
action on the chart, most of the traders
would be willing to short sell in the market. Now this is where
you will benefit as consensus will
not be thinking about going long in this region. When finally these
traders realize that their trade was wrong, they will eventually
cover their positions and this in turn will
push prices higher. I hope this is clear. The second way to enter with
Heiken Ashi candlesticks is to enter on a
Double Bottom pattern. Under this concept, when price is testing
out the second bottom, it should be doing so on back
of narrow range candlesticks. If you now focus on this
first bottom formation here, look at how many wide Heiken
Ashi candlesticks are present as price moves lower. Now second time
around if you see, candles are much
narrower in range and represent less
supply on the downside. In the last few months, gold has actually given
multiple such opportunities to take the trade in
the direction of trend. Now this again was a
concept that I had covered when I had explained Heiken
Ashi Trading Strategy on a 60-minute time frame chart. In case you have
missed that video, link to that video would come up at top right end of your screen. The third way to enter using
Heiken Ashi candlesticks is to take trades when price
retraces back within a trend. For identifying
valid retracements, there are two conditions
that you need to check. Number one, retracement
needs to happen on back of narrow
range candlesticks, and number two,
Stochastic Indicator needs to be below the 30 level. Now if you look at
this simple template, it has given some amazing
entry opportunities in gold over the
last few months. In this chart, all these
regions that I have marked provide an ideal entry
opportunity for a trader. Now this is where
price has retraced with narrow range candles and this is the point
where Stochastic has moved consistently
below the 30 mark. So let us focus
back on the chart. If you look at all these
Heiken Ashi candlesticks here, these are all narrow in range and represent less
momentum on the downside. In this setup, just
remember one thing. The moment you enter a trade, place the stop-loss at
major swing point level to avoid getting
stopped out of a trade. For instance, in this
chart that I am showing, if I enter the trade
at this region, I would place a stop at
this line that I’ve marked. Now trade may not
work immediately and hence placing stop at
the right point is important. Now many a times, you will
see that whenever you enter based on Heiken
Ashi candlesticks, price will start
consolidating sideways, and will eventually
start moving higher. To precisely be in such setups, you need to place stop-loss
at the right point. So this entire setup of using
Heiken Ashi candlesticks and Stochastic
Indicator together was explained in
a separate video. Again, link to this
particular video will come up at top right
hand of your screen. In the Heiken Ashi playlist, I think this was
video number five. Let me now explain the
current structure of gold with respect to Heiken
Ashi candlesticks. So as of this recording,
it is 10th September, and I can spot three wide range Initiation candles
on the downside. Now same, I’ve marked
in this region. If you look at the
last 4-month data, current candles are actually the widest bearish
candles visible in gold. Prior to this, all these
candles that you see here were not Initiation candles and offered good opportunity
to go long in gold. So in the current context, I will not be referring
to 60-minute chart for taking long trades
in this instrument. So for a fresh long trade here, I will now wait for
Initiation demand candles, and only then I will look to
take a long trade in gold. So let us now look at
60-minute time frame chart. If you look at the
60-minute time frame chart, you will understand
why taking long trade is not feasible at this stage. As wide range Initiation candles are developing on
Daily time frame chart, 60-minute time frame is
actually reflecting the same. Most of the Heiken Ashi
candlesticks that you see are wide in range and price is moving lower on
back of momentum. So while long term trend
of gold is still intact, it is the short term which
is not at all in sync. If you recollect
about what we studied in Heiken Ashi Trading
Strategy videos, we emphasized a great deal on identifying high
probability setups. For now though, I don’t think
gold is ideal for the same. We will have to wait out
for price structure evolve, and then I will update
at a later stage. So before you move forward, do note that all these
three entry methods are important and, hence,
do study these in details. Now do note that as a trader, there will be times
when you’ll have to use the Double bottom strategy, and there will be times
you will have to rely on the retracement concept. This is mainly why I emphasize on learning all these
three entry methods. So whenever you are using
Heiken Ashi candlesticks, do not forget to
conduct trend analysis, and do not forget to apply the principles of multiple
time frame analysis. This is crucial to increase
your odds of success within the Heiken
Ashi frame work. Now do watch the previous videos on Heiken Ashi Trading Strategy, as I have covered many concepts of Heiken Ashi in great depth. Link to all these
videos will come up at top right end of your screen. In the meantime, if there is
any doubt related to any topic, then let me know in the
comment section below, no matter how basic
your doubt is.

79 thoughts on “HEIKEN ASHI TRADING STRATEGY (Application Of HEIKIN ASHI On GOLD) 🔥🔥

  1. sorry sir.
    but little but confused
    constantly running behind girls
    not pursuing the Goals…
    i dont know what to say 😢

  2. Heiken Ashi Candlesticks Playlist https://www.youtube.com/playlist?list=PL9myHLrE5hrMuLzItIBgtsjAxDUdkcZoj
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    Thanks For Watching Guys. Tc & Be Safe.

  3. Bro.. sorry this question is not about posted video but can u answer , what should be the mentality to be full-time day trader from other profession and I heard that only 3 percent succesful day trders out there. What's your stand on this ? Like what u think ?
    Thanks for sharing learning

  4. OMG!!!! Finally you showed up…. I think this is your first vedio covering yourself…. Great to see my true mentor…. I wish you all the luck to you and best wishes for your future endeavors… And last but not least… Thank you…..🙏

  5. Good morning Sir , finally got to see the ultimate personality..thank you Sir for excellent video as always …just only one wish to shake hands with you in person

  6. Hi Sir, What is the setting of Stochastic? Thank you for sharing your learnings and experience with us. 🙏




  8. Hello sir it is good to see you.

    Very well explained.

    As on daily charts gold has confirmed the criteria of intiation and confirmation candles can we look for shorting opportunities on 60 min charts?


  9. How to avoid Fake breakouts? I use Delivery%, and relative strength and open interest. Volumes can be deceptive so i dont use them. How do you identify a fake breakout?

  10. Can you throw some light on hedged trading account and netted trading account? Does this hedged trding account used by big investor or FII? While analysing OI in in option chain, it is very difficult to analyze whether short option are being shorted or long position are being taken because OI keeps on increasing all the time. I heard somewhere about hedged account. Are FII using hedged account to mislead us as sometimes even after market has crossed max OI mark level very little change in OI occur. Do you have any thoughts?

  11. thanx sir. u r great. I am searching many questions relarated to trading strategy, concept.

  12. ತುಂಬಾ ಚೆನ್ನಾಗಿ ಮೂಡಿ ಬಂದಿದೆ ಸರ್ ಹೀಗೆ ಮುಂದುವರಿಯಲಿ ವಂದನೆಗಳು

  13. Please sir make strategy on Forex trading or recommend some of your videos that are applicable to Forex. You provide alot of meaning videos. Thanks alot Sir

  14. Dear Thanks for ur pleasant personality! I hv few Q, hope u answer.
    1. U hv shared lots of strategies. Which one u used most n Why?
    2. For a impulsive trader, who wants frequent trades; which strategy/ setup u recommend.
    3. What is most profitable setup u hv ever seen.
    Waiting for ur reply. 🙏

  15. Thank you bro for your videos to us. Nice and neat explanation.
    Can you please suggest concept on Gartley harmonic patterns if possible.

    Thank you for everything bro

  16. Very useful, as ever. At present, I believe very large upmove and then the current fall in Gold and silver was consequence of Trade War between China and US. With tweets of Trump, the prices shot up and down. Under such circumstances, how does the technical analysis with large time frame analysis help? Does large volume difference on buy and sell side give a clue as to the direction of trend as leading indicator? Thanks for these videos. I am learning with the help of these videos and hope to profit from them.

  17. Hi Guruji, i am very happy to see u r appearance in video, u looking very handsome and smart..!, one bad thing i paid and learned, but u give free for all….! i am using HEIKEN ASHI , vwap, Bolinger band and kelvinter indicator, intraday 15 min Candles ( this two show give you idea of sharp fall or arise price), yesterday using same thing for BPCL one way rally i get recent profit, my observation in crude and copper when fall gold going to be rising the price, every Wednesday in economic calendar provide valuable information (in india Thursday early morning 2 am we need to observe inventory. Trump twits, OPEC, EIA, IAEA report for crude oil price), but one thing i learned from this video about double top and triangle i will check now how its working ,

  18. i forgot one thing, when sitting front of the market i believe patience is key of success this important thing i learned from u, 10q so much and have a great weekend with your family……

  19. Sir, Thank you so much for this useful vedio. I usually analyse trend in 60 min TF and take entry in 10 min TF for intraday. This is working good for me. In selection of TF, your Intraday vedio helped me a lot. Only problem with Heiken Ashi is price difference. That is it shows lagged prices. Thank you for making us a pro trader.

  20. Thanks a lot for your time and effort ST. Nice to see you along with your voice in video, you are soooo cool. I can see some of the setups which you taught us is showing up in real time. Example: "Coil & Spring" setup is in NIFTY & BANK NIFTY 60 Min time frame. Yesterday the neckline is broken in Nifty & Bank nifty. Is it good to take positional trade in Bank nifty or wait till 28550? https://snipboard.io/0NOQAI.jpg

  21. I m fond of your YouTube channel. I watched all videos on heikin ashi series. It is great help.
    It will be great help if you post video on kagi chart trading.

  22. Great sir … I m fan of ur voice … Itz very positive sir ….n even ur handsome ….👍👍👍

  23. Finally got to see the face behind the dulcet voice! Thanks. I have below query…

    Your vdo on HA + stochastic strategy mentions about buying on dip (price retracement + stoch under 30). And in this vdo we need to buy on the back of initiation & confirmation candle. I'm confused.

  24. చాల బాగుంది. కృతజ్ఞతలు. ప్రసన్న,వరంగల్ good

  25. At last you put a face to the voice, great to see you, as always I learn so much from your lessons. God bless…

  26. You always follow KISS strategy with your video
    Keep It Short and Simple

    I hope this aspect this clear.

    Great mentor

  27. Excellent one regarding multi time frames. The one chart that you showed with the double bottom, what is the time frame used, I couldn't get it

  28. sir mai reliance ka tick pro use karta hu usme 60 minutes ka chart nahi aata to mai kya karu

  29. With your kind permission can I send some charts with doubts?WhatsApp or Email.Regards

  30. plz sir iam watching your videos but sir if we don't have a laptop or p.c so we doing trading with mobile so plz sugges how can we trade with limited tools plz plz

  31. Good information, keep it up. Just for my better understanding this strategy will help us buy on dips of smaller time frame if higher timeframe trend shows bullish or sell on rise on smaller timeframe if higher timeframe trend is bearish.

  32. Very much pleased to see u for the first time…. Thank u for all that u have done for retail traders like us

  33. Can you use a 1 minute candle to day trade for scalping with the Heiken Ashi candles alone?By the way really great quality video

  34. Thank u for explaining in great detail..it helps so much…u tweet about book "Trade mindfully ". It is awesome book…keep suggesting like this on trading psychology..

  35. Wonderful… Nice to see the hidden Master first time…. You got the skill Boss…. Never thought I will become fan of someone! Glad that I have true Mentor like you and proud to be your fan… Just one more wish to meet… Can you please share as how to trade crude?

  36. dirji as u r always exelent !!!!!!! brilent strategy simpe way i reqest carrancy trading vidoo on nse platform thanks again

  37. Finally finished watching all your intraday and swing strategy videos.
    Hats off to you for the great work you have done for the people and also I admire and wonder how possibly you like and reply every comment. I am sorry that I am bothering you with a big question here after all these awesome videos I'd like to ask you your (i) favorite combination of indicators you use for 1. intraday 2. Swing trades. (ii) Would you suggest to keep it plain and simple by using max. 2 indicators for intraday?
    (iii) Do you use other systems like ichimoku or bollinger bands if yes then I would really wait for those videos. (iv) Could you please mention a list of books for intraday / swing trading for intermediate /skilled /experienced traders to improve more.
    Thanks a lot again for your time.

  38. Hello sir, hope you are doing great.

    I have doubt regarding slippages while day trading.
    Is it normal?

    If not how do you overcome this issue with high beta stocks?
    Thanks. 🙂

  39. Great to see u ST sir🙏 wish some day, you spare some time for much grown trade with trend family and conduct live youtube session 😊

  40. You are doing it very professionaly and surely heading for 50K subscribers before diwali. pls share insights on stock selection for intraday and swing trading.

  41. Another great video on HA. 👍Thanks much !! 😊As you progress in the same direction of buy signals based on dampening negative momentum, perhaps you can also add tweaks of MACD with periods – say 8,21,4 – to measure step by step reduction of negative momentum before the stock reverses and starts a breakout run building positive momentum again in a step by step fashion.

  42. First of all very sorry for looking this video late after 4 days, but at same time would like to thanks again for great learning concept. Very simple, clear and clean.
    Not many people would be able to do this, when they explain analysis students/learners get confused too.

    Please correct me if I am wrong, this concept works on Gold right ? for Equity/Stocks we would need follow other videos what you had explained earlier specially for people like me who trust more on Swing trading. Same time I get confused how to select stocks while keeping in mind I would be using HK and Stochastic.

    Your Input and suggestion would be great help sir.- Regards

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