312: Heikin Ashi Trader: How To Read Candlesticks (full-time trader) - Michael Toma

Heikin Ashi Trader: How To Read Candlesticks (full-time trader)

In episode 312 of the Desire To Trade Podcast, I sit down with Michael Toma, a Heikin Ashi trader who shares how to use Heikin Ashi candlesticks in any market. You'll learn how to read Heikin Ashi and what Heiken Ashi tells us about Humans.

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Watch the video interview here

Topics Covered In This Episode

• 0:00 Start
• 0:15 Introduction
• 2:18 What Heikin-Ashi candles tell you about the markets that traditional candlesticks don't
• 3:47 How Heikin-Ashi works: Example 1
• 5:28 Does Heikin-Ashi work in trending markets only?
• 6:55 Does Heikin-Ashi candle size matter?
• 8:26 How to incorporate Heikin-Ashi into your trading: Example 1
• 9:42 Why Michael doesn't care if Heikin-Ashi candles don't show the current price
• 10:44 Heikin-Ashi in play: Example 2
• 12:49 What indicators can be used to complement Heikin-Ashi
• 14:01 Are Moving Avegares + Heikin-Ashi a good mix?
• 15:06 Why Heikin-Ashi is not simply a red light - green light system
• 16:34 What timeframes does Heikin-Ashi work best in
• and much more

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Resources Mentioned Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • Pepperstone (use our link to get a special bonus)
  • AxiTrader (use our link to get a special bonus)
• Desire To TRADE Academy

About The Desire To Trade Podcast

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How To Find Michael Toma?

• MichaelToma.org
• email: michael@michaeltoma.org/
• Join our Ultimate Prop Firm Trading program

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!