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Craig Harris Stochastics Method

  • #681
  • Jan 14, 2010 11:14am Jan 14, 2010 11:14am
Quoting HLass
By the way everyone, when I stepped out, I got lucky as there was a spike and it hit my tp at 4448, so a nice 65 pip trade, speak to you all later when I get back home.
hlass
Great job, HLASS
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
  • #682
  • Jan 14, 2010 11:21am Jan 14, 2010 11:21am
okay

10 pips back to me with bigger size (not doubel) with EURUSD
  • #683
  • Jan 14, 2010 11:22am Jan 14, 2010 11:22am
Quoting HLass
By the way everyone, when I stepped out, I got lucky as there was a spike and it hit my tp at 4448, so a nice 65 pip trade, speak to you all later when I get back home.
hlass

Congrats
  • #684
  • Jan 14, 2010 11:26am Jan 14, 2010 11:26am
this is why I brought up the question of defining trend with HH's etc. Looks like we are looking for filters? I also find the 3 Ducks method quite solid. If price is above the 60 ma on the 4hr 1hr and 15min (the 3 Ducks uses the 5min chart) then only longs to be taken - and the other way around for shorts. Regardless of which filters we use there will be losers which is why I guess after a losing/failed swing you double up on the next. Just thinking out loud.

Cheers.

Nick


Quoting carlen68
I only trade with the trend. I use the following. 200ema, daily pivot and price action. I want all of them to agree. For a sell below the 200ema, daily pivot and PA bearish. The opposite for a buy. I know that CH takes most of his trades with the trend. If you watch the videos of the natural flow of the market. When he does go into a countertrend trade, he is in an out. Remember you need countertrend trades to get trend trades. So use a fib to get into the market at a better price. I also use the DSR indicator. It shows the Support and Resistance...
  • #685
  • Jan 14, 2010 11:48am Jan 14, 2010 11:48am
Its been a challanging morning..I got stopped out earlier on all the pound$ chop,,,,But here is the current position,,,
Attached Image (click to enlarge)
Click to Enlarge Name: ow1.gif Size: 54 KB
  • #686
  • Jan 14, 2010 11:49am Jan 14, 2010 11:49am
Great explanation guys...very helpful for all following this thread I'm sure...
I know for myself that it makes me look at the PA from different angles for a potential trade setup...
HLass...Nice trade off the 15m Pin Bar bounce down from the Daily Pivot...
Appreciate all input...
Cliff
I get exercise just pushing my luck
  • #687
  • Jan 14, 2010 11:49am Jan 14, 2010 11:49am
Do you think we can get CH in here for a few comments??? lol
  • #688
  • Jan 14, 2010 11:55am Jan 14, 2010 11:55am
Hi Hlass,

The trade looks almost perfect. It seemed you scaled out three times. But did you enter short on limit order how it seemed on the chart? If yes, please explain.

Thanks.

Quoting HLass
By the way everyone, when I stepped out, I got lucky as there was a spike and it hit my tp at 4448, so a nice 65 pip trade, speak to you all later when I get back home.
hlass
  • #689
  • Jan 14, 2010 11:55am Jan 14, 2010 11:55am
thanks a lot. this helps me. i will try only trading with the trend. perhaps so i get more the 10 pips win a trade.
thanks for your time helping me. i am in the room of dean today for the second time. i really have big problems understand his lines in the chart. and of cause i speak english and this is a problem for me to understand sometimes

i find the craig harris method is more for me them synergy. but of cause i have to learn a lot. and harris and synergy together its a lot of indicators thats sonfuse me and what to do if only one indicator ist okay. etc etc
not so easy



Quoting carlen68
I only trade with the trend. I use the following. 200ema, daily pivot and price action. I want all of them to agree. For a sell below the 200ema, daily pivot and PA bearish. The opposite for a buy. I know that CH takes most of his trades with the trend. If you watch the videos of the natural flow of the market. When he does go into a countertrend trade, he is in an out. Remember you need countertrend trades to get trend trades. So use a fib to get into the market at a better price. I also use the DSR indicator. It shows the Support and Resistance...
  • #690
  • Jan 14, 2010 12:02pm Jan 14, 2010 12:02pm
5 out of 6 profitable trades overnight,,I am counting around 120+ pips on these swings,,System works,,,,Just keep plugging away,,,,,Wish I could stay up all night,,,,Thanks for all the input!
Attached Image (click to enlarge)
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  • #691
  • Jan 14, 2010 12:04pm Jan 14, 2010 12:04pm
sorry but i do not see why you are in the trade. there was no red candle before you enter...

Quoting HLass
By the way everyone, when I stepped out, I got lucky as there was a spike and it hit my tp at 4448, so a nice 65 pip trade, speak to you all later when I get back home.
hlass
  • #692
  • Jan 14, 2010 12:21pm Jan 14, 2010 12:21pm
Holding tight on my pound$ short,,,,,,,,,,,Keeping stop at 6339,,,,tp 6283..........Thats it for today,, ,,See what the Asian markets looks like later,,,,,Leave your emotions at the door,,,,And stick with the program...Later!!
  • #693
  • Jan 14, 2010 12:45pm Jan 14, 2010 12:45pm
Stopped out at .6339........
  • #694
  • Jan 14, 2010 1:04pm Jan 14, 2010 1:04pm
Quoting piptalk
Hi Go4pips,,,,Yes in this instance,,, my buy/stop was over the BN of 20,,

Also here is the P&L indie (I call it the scoreboard) for anyone that wants keep track of there progress,,,Numbers dont lie! enjoy,,

Hlass,,,Incredible day,,,,While out shopping?? Wow!!
Thanks for sharing indi piptalk
  • #695
  • Edited 1:26pm Jan 14, 2010 1:23pm | Edited 1:26pm
Quoting warsteiner72
sorry but i do not see why you are in the trade. there was no red candle before you enter...
Piptalk, a very nice setup that just didnt workout, although gu is coming down now but not greatest time of day to trade, anyhow, as you know, not every set up is going to workout, we just have to control our losses, which I know you do, still 100 pips very sweet, keep it up.

Warsteiner, when I entered my euro 15m trade it was off of resistance at the day pivot and also the pinbar, colors of candle is not always necessarily the proper way to enter a trade, I say not always, because as I said earleir, there are many ways to enter trades and many different reasons to enter and also to not enter, it will come with experience and that is why I say, what I use, trendlines and bollinger bands and on and on, there are just so many ways to trade, we all just acquire many tools to place in our toolbox and learn how they work and just use them accordingly, I dont just use tdi or craig harris method or a combo of them, but I use everything I can to give me the EDGE that we all need to win at this difficult game that gets easier as you go, the best thing I can say is this and it worked for me, scroll your charts and study why things happen, I have done this thousands of times and still do, it has given me the edge, just scroll and scroll some more at least 30-45 minutes a day, scroll the 15m charts on the eu and gu and you will see and recognize what happens over and over and over again and then you will get used to seeing the continually same setups, it sounds tedious but it works and has taught me to be a profitable trader with a approximately 92percent hit rate. The key in this mkt is patience and study and study some more, my study to this day is to continually scroll the charts. Hope this helps.

CCE thank you very much, I will try to help as much as possible, thanks again.

Podgy, I think it was podgy, all of my trades are placed at mkt, when I am in front of the computer, I will leave trades with a tp and stoploss but never enter other than just regular old mkt orders.
hlass
  • #696
  • Jan 14, 2010 1:50pm Jan 14, 2010 1:50pm
thanks a lot! i am happy here are some very very good traders i can learn from. in 10 days i have a week holiday so i can trade the hole london session.

good trades to all
  • #697
  • Jan 14, 2010 2:41pm Jan 14, 2010 2:41pm
Hi Guys is there any way I can move profit tracker out of the way of the bars as I am having trouble reading the chart.
Thanks in advance
  • #698
  • Jan 14, 2010 2:42pm Jan 14, 2010 2:42pm
I took this short. It is late NY session and against the trend so I have pretty tight stop. I will try to get a few at least....
Attached Image (click to enlarge)
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  • #699
  • Jan 14, 2010 3:31pm Jan 14, 2010 3:31pm
Hlass,,,Thanks again for chipping in!.,,,,,Well just keep rolling with the waves and use proper MM,,,Should end the week positive...I know its a good idea to trade with the trend,,, I dont think in the videos that CH had any input regrading that issue,,,Has anybody heard otherwise? I will continue to trade the oscillating waves until I hear something different,,,thx
  • #700
  • Jan 14, 2010 3:36pm Jan 14, 2010 3:36pm
Looks like the 5 min chart is giving some nice entries,,,,,,,,,,,,I know the Big E would trade the 5 min from time to time,,,,But I ahve been trying to stick 15min....
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