Craig Harris Stochastics Method | Page 232 | Forex Factory

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Craig Harris Stochastics Method

  • #4,621
  • Feb 6, 2020 5:25pm Feb 6, 2020 5:25pm
Quoting eelfranz
Rules 　 1. London Market Trading - GBP/USD - 15 Minute Chart 2. Print out News Calendar - No trades 30 minutes before or after news. If your in a trade - either exit or really tighten stop Loss. 3. Use Fractals on your chart to visually see and measure swings. 4. Put Tokyo Channel on your Charts - - - 40+ pip spread hi/lo minimum before trading. *** Very Important. 5. Swings should average 20 to 40 pips or more. 6. Enter on second candle using top/bottom of first candle for entry level. Use Buy stop or Sell Stop orders. 7. Exit on big numbers...
#97 replay

Rules


　

1. London Market Trading - GBP/USD - 15 Minute Chart

2. Print out News Calendar - No trades 30 minutes before or after news.
If your in a trade - either exit or really tighten stop Loss.

3. Use Fractals on your chart to visually see and measure swings.

4. Put Tokyo Channel on your Charts - - - 40+ pip spread hi/lo minimum before trading. *** Very Important.

5. Swings should average 20 to 40 pips or more.

6. Enter on second candle using top/bottom of first candle for entry level. Use Buy stop or Sell Stop orders.

7. Exit on big numbers of 00 or 10 or 20 or 35 or 50 or 65 or 80 or 90.
These numbers are your target levels.

8. Lost Trade - Re-enter on the next swing doubling your lot size.
If second trade loses go back to normal lot size.

Swings average 20 to 40 pips on 15 minute time frame. On other time frames the swing size will be different.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,622
  • Feb 7, 2020 4:00am Feb 7, 2020 4:00am
Quoting eelfranz
Rules 　 1. London Market Trading - GBP/USD - 15 Minute Chart 2. Print out News Calendar - No trades 30 minutes before or after news. If your in a trade - either exit or really tighten stop Loss. 3. Use Fractals on your chart to visually see and measure swings. 4. Put Tokyo Channel on your Charts - - - 40+ pip spread hi/lo minimum before trading. *** Very Important. 5. Swings should average 20 to 40 pips or more. 6. Enter on second candle using top/bottom of first candle for entry level. Use Buy stop or Sell Stop orders. 7. Exit on big numbers...

following these rules, no trade today ...

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenShot_GBPUSD_M15_2020.02.07 09_11.png Size: 35 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,623
  • Mar 23, 2020 9:42pm Mar 23, 2020 9:42pm
Quoting eelfranz
2scoops... On the Conserative method you would wait for PA to cross the 5 ema but that cuts down your odds for success... because it's usually the 3rd or 4th candle in the move before that happens and we normally only get a 3-8 candle move... The more aggressive and my style is to enter as soon as you see green crossing red on the TDI. This happens normally on candle 1 or 2 placing the odds in my favor...

TradingMadeSimple 101

CONSERVATIVE setup candle and entry

On the Conserative (conservative) method you would wait for PA to cross the 5 ema but that cuts down your odds for success... this is not necessarily true.

you can enter a trade during the APB/HA candle#3 and still will make money when the new trend or swing is established. Just study the price action and where there is room for the price to move before it hit the next support&resistance.

You need to learn to identify the price swings and reversal learning from the examples in the old thread.

watch these videos learn EVERYTHING that Big E learned back in 2008 and 2010.

Swing High Low click

How To spot a true Reversal Candle webinar ... click

you should also learn to spot the NFF reversal candles.

here is the pdf checklist.

when market opens, you must be disciplined to spot a reversal bar/candle with Stoch signal, then look at the TDI#25.

use this example below and when the market is open it is easy to spot these trader setup conditions.

There will be trade setups where the NFF reversal bar/candle and the TMS reversal setup is the same bar/candle. If you pay attention to price action details, this type of setups are often when the market has reached an extreme swing high or swing low. You will be able to spot a Green price bar with Green APB/HA body or a Red price bar with a Red APB/HA body, these are the APB/HA candle#1 for AGGRESSIVE setup entry.



Attached Image (click to enlarge)
Click to Enlarge Name: REVERSAL bar and candle.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,624
  • Mar 27, 2020 10:44pm Mar 27, 2020 10:44pm
Quoting emmanuel7788
{quote} Synergy Price Action Channel Keep It Simple: Follow the Yellow Brick Road now available on youtube Note the shift+1 set to the 5SMMA High-Low https://youtu.be/0c_albzpNGw
Hello dear
Yes if I wanna trading by tdi systems
Mean I should go to look in 4h chart about I take Deal in 1h chart!????
  • #4,625
  • Apr 26, 2020 7:37am Apr 26, 2020 7:37am
Trading Highs and Lows of the TDI

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,626
  • Apr 26, 2020 7:39am Apr 26, 2020 7:39am
This Price Action tool keeps you in the trade longer!

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,627
  • Apr 26, 2020 7:58am Apr 26, 2020 7:58am
Quoting emmanuel7788
This Price Action tool keeps you in the trade longer! https://www.youtube.com/watch?v=EJvj...meUy5F&index=6
The music at the beginning cracks me up every single time
You can lead a horse to water, but you can't make it drink
  • #4,628
  • Apr 26, 2020 1:26pm Apr 26, 2020 1:26pm
Quoting xkwisit2001
{quote} The music at the beginning cracks me up every single time
gives me enough time to make a fresh cup of coffee every time...

and fast forward till I see these

Attached Image (click to enlarge)
Click to Enlarge Name: CompassFX disclaimer.png Size: 439 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,629
  • Apr 26, 2020 1:29pm Apr 26, 2020 1:29pm
Quoting foxali300
{quote} Hello dear Yes if I wanna trading by tdi systems Mean I should go to look in 4h chart about I take Deal in 1h chart!????

yes, you can do that too.

I trade D1 chart and can make many entries using M5.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,630
  • Apr 26, 2020 4:54pm Apr 26, 2020 4:54pm
Quoting emmanuel7788
{quote} gives me enough time to make a fresh cup of coffee every time... and fast forward till I see these {image}
Haha, everytime this comes on my 5 year old daughter just looks at me with a goofy face.

But these are the best videos where you see the cheesy traders picture at the beginning of the video and microphone static noise

Great videos though these are!
You can lead a horse to water, but you can't make it drink
  • #4,631
  • Apr 27, 2020 7:22pm Apr 27, 2020 7:22pm
One of the early traders who started with Eric was Rick aka dcginc.

Rick has his own website which he provides free education materials for traders.

His latest update post was on Feb 01, 2020.

you can read them under the heading:

Most Current and Common FAQ

https://protradernetwork.com/2020/02/updated-faq/


Trust me, you won't regret reading and studying the materials he provides to help you become a better trader and a better person.

Stay Safe!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,632
  • May 1, 2020 9:52pm May 1, 2020 9:52pm
Quoting xkwisit2001
{quote} Haha, everytime this comes on my 5 year old daughter just looks at me with a goofy face. But these are the best videos where you see the cheesy traders picture at the beginning of the video and microphone static noise Great videos though these are!

good god we no longer have anymore new videos for 2 years since Dean Malone went on his sabbatical and CompassFX website has been shutdown.

the Synergy systems and TDI has finally reached its end.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,633
  • May 4, 2020 10:49am May 4, 2020 10:49am
Quoting emmanuel7788
TradingMadeSimple 101 CONSERVATIVE setup candle and entry On the Conserative (conservative) method you would wait for PA to cross the 5 ema but that cuts down your odds for success... this is not necessarily true. you can enter a trade during the APB/HA candle#3 and still will make money when the new trend or swing is established.
Really?? Why is it not true? Do you have any statistics to support your claim? You know, like show us maybe 100 consecutive instances of PA crossing EMA5 when it is candle #3 and the pips gained or lost on each trade. Then there will be SOME bit of data for everyone to evaluate on his own.

Maybe I did some research and discovered on M15 chart that entering on candle #5 has an 82% success rate when checking 1,032 instances. Sounds even better than your claim, but it means as exactly as much as your claim, which is NOTHING!
To free Gazans of Hamas, use whatever it takes.
  • #4,634
  • May 4, 2020 10:50am May 4, 2020 10:50am
Quoting foxali300
{quote} Hello dear Yes if I wanna trading by tdi systems Mean I should go to look in 4h chart about I take Deal in 1h chart!????
In that case, you can look at every timeframe smaller than H4 chart for your trades.
To free Gazans of Hamas, use whatever it takes.
  • #4,635
  • May 6, 2020 11:44am May 6, 2020 11:44am
Quoting emmanuel7788
{quote} good god we no longer have anymore new videos for 2 years since Dean Malone went on his sabbatical and CompassFX website has been shutdown. the Synergy systems and TDI has finally reached its end.
Hi you mean TDI is no longer valid?
  • #4,636
  • May 6, 2020 2:44pm May 6, 2020 2:44pm
Quoting dileepar
{quote} Hi you mean TDI is no longer valid?
Of course. TDI is not valid, RSI is not valid, stochastics not valid, moving average not valid... I think you get the picture.
To free Gazans of Hamas, use whatever it takes.
  • #4,637
  • May 7, 2020 7:23am May 7, 2020 7:23am
Amazing advice shared eelfranz! I will certainly be adding this as my foundation rules of trading to guide me, much appreciated.

Quoting eelfranz
Thanks Jaz. I just received this email from a full time trading associate which contains solid information about trading. I personally believe it applies to all time frames. CONSIDER HIS MESSAGE: Hi Eric, I have been trading for 7 years now so I have learnt a thing or two about this business. I can't tell you what others did early on to become successful traders but I can tell you what I did. So here are the crucial steps I took that made me a profitable trader: 1. I Picked A Timeframe The first step was to pick a single time frame. By this time,...
  • #4,638
  • May 10, 2020 7:08am May 10, 2020 7:08am
another old tutorial video found in youtube.

Trading with the ZigZag indicator

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,639
  • May 11, 2020 7:47am May 11, 2020 7:47am
Quoting eelfranz
Video - TDI Hidden Secrets http://www.compassfx.com/video/flash/43008/43008.html

Keeping it Simple Know when not to trade


Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4,640
  • May 19, 2020 6:54am May 19, 2020 6:54am
Quoting eelfranz
Training Chart... Showing where the initial entry would have been (bounce off the red line on the TDI) and the original exit (where the TDI went flat). I might have exited 6 candles earlier where the TDI first went flat. Then I show two different areas of re-entry. I would have exited both of those trades when I saw the TDI go flat, hook over or check mark reversal... easy to determine exits on any chart. Entries are always when green CROSSES red on the TDI... Over 80% chance of success... {image}

When to Exit a Winning Trade

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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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