To The Moon

Continuing my theme of Japanese Chart type articles, I will be looking at Heikin Ashi charts. A chart type I use a lot of! Its great for many reasons as you will find out.....Understanding this ancient method of candlestick charting can certainly reap dividends for your trading! Why?TRADING MISTAKES:I’ve noticed with both new and old traders alike, the propensity for them to cut out of trades far too early and regret their actions as they see the trade move in the direction they first sort to a much bigger degree. The reverse can also be said for setting stop limits and pulling them too tight and again being forced out of a potentially winning trade unnecessarily.‘AMATEURS WANT TO BE RIGHT. PROFESSIONALS WANT TO MAKE MONEY!’This trait is most prevalent (and understandably so) in new trader