Why You Should Use Heikin-Ashi for Your Trading $AAPL

October 8, 2012

Because heikin-ashi filters out the noise and haDelta offers frequent advanced signals.

Here are some observations building the foundation for a further $AAPL weakness:

  1. haDelta crossed below its SMA(3) one day earlier (dashed vertical line)
  2. SMA(3) failed to rise above zero (very bearish sign)
  3. haDelta and its SMA(3) had a bearish crossing near zero (another very bearish sign)
  4. What happened today is a result of 2. and 3.
  5. Ready for a short bounce at support (blue area)

Beware $AAPL!

Why You Should Use Heikin-Ashi for Your Trading $AAPL 10/8/2012

If you don not have access to heikin-ashi or/and haDelta, use Ichimoku.

A Close below Tenkan-sen and Kijun-sen with Tenkan-sen below Kijun-sen is a bad omen. And we have one here…

Why You Should Use Heikin-Ashi for Your Trading $AAPL 10/8/2012

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