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Craig Harris Stochastics Method

  • #701
  • Jan 14, 2010 4:35pm Jan 14, 2010 4:35pm
Quoting carlen68
First screen problem is that the TDI is below the 50 (yellow line) and second problem is the price action is for a sell and below the 200ema. I trade with Dean everyday and he is always looking at price action, above or below the 200ema and daily pivot and TDI (yellow line below or above the 50 mark). I hope that helps.
Hi Carlene,

Are you trading in the compassfx trading room by any chance. I was thinking of trying it out for a month?
  • #702
  • Jan 14, 2010 4:54pm Jan 14, 2010 4:54pm
Quoting piptalk
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


Hi piptalk,

I watched a few of the webinars recordings (again) the other day and picked up on this topic. Trading with the trend wasn't specifically mentioned but Craig did make a point of saying he would take counter trend trades when a pair has reached its average daily range. I didn't pick up on this the first time of watching, but did this time round. It makes perfect sense too.... For me the trade psychology of this is ... The Pro's see a pair has moved hard into it ADR near the close of a session and would prefer to bank their profits rather than let ride.

cheers,
  • #703
  • Jan 14, 2010 5:14pm Jan 14, 2010 5:14pm
Quoting Moxy_UK
Hi piptalk,

[color=black][font=Verdana]I watched a few of the webinars recordings (again) the other day and picked up on this topic. Trading with the trend wasn't specifically mentioned but Craig did make a point of saying he would take counter trend trades when a pair has reached its average daily range. I didn't pick up on this the first time of watching, but did this time round. It makes perfect sense too.... For me the trade psychology of this is ... The Pro's see a pair has moved hard into it ADR near the close of a session and would prefer...
Hi Moxy,,,,Yes,,,That makes sense,,,For now,,, the pound$ wants to keep going north,,Thanks
  • #704
  • Jan 14, 2010 5:22pm Jan 14, 2010 5:22pm
Quoting bpips
Hi Carlene,

Are you trading in the compassfx trading room by any chance. I was thinking of trying it out for a month?
Yes, I have been on with them for 7 months. Now they have a night class also. 1-4 am est and 7 -10 am est. You see most of the live trades they take. Dean, averages about 2000 pips a month live. Learnt alot from him. Especially the ATP trades.
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
  • #705
  • Jan 14, 2010 7:57pm Jan 14, 2010 7:57pm
Quoting carlen68
Yes, I have been on with them for 7 months. Now they have a night class also. 1-4 am est and 7 -10 am est. You see most of the live trades they take. Dean, averages about 2000 pips a month live. Learnt alot from him. Especially the ATP trades.
Thanks Carlene I just thought $99 is not alot to invest if i can get some good info to incorporate into my trading.
  • #706
  • Jan 14, 2010 8:00pm Jan 14, 2010 8:00pm
I took a demo trade on GU around asian open just using the synergy rules to the tee. Red verticle line is my entry price fell off and gave +34 pips. Im letting it run to see how long I can hold until I get a synergy exit...
Attached Image (click to enlarge)
Click to Enlarge Name: synergy demo.gif Size: 18 KB
  • #707
  • Jan 14, 2010 8:48pm Jan 14, 2010 8:48pm
Hi all,

Well there are or were lots of nice setups tonight on asian session on the yen pairs and eu and gu, some big drops on ej and eu especially, damn shame I missed them as we were celebrating the twins 7th birthday-lol, lots of fun, missed some dollars and pips, but kids were more fun tonight, hope someone made some nice pips-looks like bpips did nicely-good job dude, going to rest tonight and maybe catch one more nice trade in the usa session tomorrow morning, take care all, goodnight.
hlass
  • #708
  • Jan 14, 2010 8:52pm Jan 14, 2010 8:52pm
Hey HLass,

Thanks, thought I would give the synergy a shot pretty rule based system and my first trade with rules gave up some good pips...

Have fun with the kids they grow up fast my oldest just turned 21 on tuesday.

Time flys..
  • #709
  • Jan 14, 2010 8:53pm Jan 14, 2010 8:53pm
Thanks Bpips for the chart,,,,Lets integrate synergy in our strategy,,,Keep posting setups when you see them,,,Ill keep looking for CH sets,,,,
  • #710
  • Jan 14, 2010 9:01pm Jan 14, 2010 9:01pm
Quoting piptalk
Thanks Bpips for the chart,,,,Lets integrate synergy in our strategy,,,Keep posting setups when you see them,,,Ill keep looking for CH sets,,,,
Piptalk,

this is why I have always shown both ch and synergy on my charts together, as I said they just give me confirmation, but they also could stand alone used in sync together it is very powerful for both new and experienced traders, it is a very nice method that Big E gave us in this thread, and there are quite a few ways to use it as well, which I will probably make some time this weekend to do a write up on other ways this combo can be used for entries, I think it will be intriguing, I am just trying to give back on the way I see the mkt, through a bit of experience that I have, I try to help, if it is not proper, just delete the post, I think it will be fine, but if not just delete.

Bpips, yes time flies, I have 9 1/2 year old as well, and it seems like freaking yesterday-lol, they are the main reason I started forex 4 years ago, to spend more time with them, but actually all the study led to less time with them until about 18 months ago when I finally got it in forex, as they say the light bulbs all went off -lol take care and ill see you all tomorrow.
hlass
  • #711
  • Jan 14, 2010 9:40pm Jan 14, 2010 9:40pm
Quoting HLass
Piptalk,

this is why I have always shown both ch and synergy on my charts together, as I said they just give me confirmation, but they also could stand alone used in sync together it is very powerful for both new and experienced traders, it is a very nice method that Big E gave us in this thread, and there are quite a few ways to use it as well, which I will probably make some time this weekend to do a write up on other ways this combo can be used for entries, I think it will be intriguing, I am just trying to give back on the way I see the mkt,...
Hlass,,,Strength in numbers!!,,,,Looking forward to you diversified approach,,thx

I know its hard to balance our day to day resposibilities and trade,etc,,So thanks for your efforts!
  • #712
  • Jan 14, 2010 10:45pm Jan 14, 2010 10:45pm
Second entry with Synergy took +8 and got out but went up +28 from my entry...

HLass, keep it coming I seem to get a bit from everyone and putting it together seems to help...thanks for your input.
Attached Image (click to enlarge)
Click to Enlarge Name: synergy demo.gif Size: 18 KB
  • #713
  • Jan 15, 2010 8:09am Jan 15, 2010 8:09am
Hi all,

Well I looked and saw the markets didnt do too much overnight and this moring sort of flat too, doesnt mean there wont be mvmt today, but friday is a hit and miss day and most times I dont trade it, I was tempted to trade today, but its really dull, maybe in 30minutes when the Dow opens, there might be something, but I wont be around, going to enjoy a few hours out with the wife, so be careful trading today and grap the profits, no greed today, take what you can get and run, after all 2 small 20pip trades gives you 40 on a friday that is pretty dang good.

Bpips, nice trade from post above, keep up the good trading, and I am glad I can help in any way possible, I will do a nice write up this weekend to help pull this whole combo thing together, making for more opportunities and better ones as well.

Take care everyone, speak soon.
hlass
  • #714
  • Jan 15, 2010 8:26am Jan 15, 2010 8:26am
Sitting at hourly support trendlines,,Look for long entries
Attached Image (click to enlarge)
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  • #715
  • Jan 15, 2010 9:45am Jan 15, 2010 9:45am
Just waiting for the reverse candle,,,,,,,,,,,,
Attached Image (click to enlarge)
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  • #716
  • Jan 15, 2010 9:59am Jan 15, 2010 9:59am
Hi Pip,
Looks like the gold_usd is flat/and ranging but weak from yesterdays TC...
EUR/GBP also fighting it out ...
Could be this bounce off of 1.6250 that gives us a rev. candle...
Just got to be patient, eh?
Cliff

Quoting piptalk
Just waiting for the reverse candle,,,,,,,,,,,,
Attached Image (click to enlarge)
Click to Enlarge Name: waiting.gif Size: 107 KB
I get exercise just pushing my luck
  • #717
  • Edited 10:28am Jan 15, 2010 10:16am | Edited 10:28am
Shorted GBP/USD at 1.6251...on the 1hr TF...target1.6220
It's Friday...London closes shortly...
We'll see what happens...
Cliff


Go EUR/GBP...fall down Gold

Closed 1/2...SL at BE plus a few
I get exercise just pushing my luck
  • #718
  • Jan 15, 2010 10:38am Jan 15, 2010 10:38am
Synergy set up nice short on GU I was short a little early and closed with +7. Didn't want to reenter on Friday.
Attached Image (click to enlarge)
Click to Enlarge Name: short gu entry.gif Size: 18 KB
  • #719
  • Jan 15, 2010 10:43am Jan 15, 2010 10:43am
Started very late in todays session...
Fridays are really tough...managed a few pips being patient and also killing two trades that did not shape up after initiated...
Total of 35 pips in my little micro account...
Enjoy the weekend all...
Cliff



Quoting cce
Shorted GBP/USD at 1.6251...on the 1hr TF...target1.6220
It's Friday...London closes shortly...
We'll see what happens...
Cliff


Go EUR/GBP...fall down Gold

Closed 1/2...SL at BE plus a few
Attached Image (click to enlarge)
Click to Enlarge Name: Waiting_update.gif Size: 90 KB
I get exercise just pushing my luck
  • #720
  • Jan 15, 2010 11:01am Jan 15, 2010 11:01am
Pinbar formed,,,Possible entry@6252
Attached Image (click to enlarge)
Click to Enlarge Name: pinbar.gif Size: 60 KB
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