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Craig Harris Stochastics Method

  • #961
  • Jan 28, 2010 5:28am Jan 28, 2010 5:28am
Quoting magnumdbl
To save me some time,
What page did you post your template on?
Better yet, here are my new(er) templates...tweaked a bit better. There is a black version and a beige version (and of course, you can change them around to your liking).

I cleared the chart up a bit more, especially on the M15 TF. Though most people might want to only have CH's style setup on the chart, I have tweaked these charts to suit my trading style a little more...you can do the same by taking off or putting on whatever you like. I decided not to have the Fractal S/R indicator on the chart because it added more lines/dots which I didn't think I needed. (I have included the indicator in the Zip archive however, so that you can put it on your charts if you wish.)

You'll notice that by switching to the M5, you'll see the Big Numbers and Mid Range Numbers and you'll also see the sessions indicators letting you know which session you're in; by switching to the M30 you see the daily/weekly/monthly pivots; by switching to the H1 and above you see the bigger MAs to show the major trend. Bollinger bands will show one set on the M15 and 2 sets on all other TFs (you can take them off if you prefer as they muddy the chart up a bit). I've set it up this way because I don't need to be looking at some of those things (that clutter the chart up) all the time, a simple switch the M5 or another TF will show me all the info I need.

All indicators are included in the Zip archive, so just un-Zip it and put the indicators in your indi folder and the templates in your template folder and you're good to go.

Quoting magnumdbl
PS : Nice job on that summary of CH. I watched it also and you caught all the main points.
Why, thank you!

Best Regards,
NeoRio
Attached File(s)
File Type: zip Neo's CH Templates.zip   140 KB | 991 downloads
Sentiment: Short on cash. Long on hope.
  • #962
  • Jan 28, 2010 7:34am Jan 28, 2010 7:34am
Hi,

was catching up last night with emails and such and missed a few trades while president Obama was speaking and then I saw a nice setup on gbpjpy so I took it short and sat with it until 115am est time, finally said Im done as I was tired took out 8 big pips lol and then I saw this morning it went 40 or so and then two nice moves during the london session where the arrows are placed and playing off of the bollinger bands, the stochastic is very close on entry area, had only the 200ema on the chart as no matter what moving average one has on the chart, they all lag, I put them on for guidance for trend, but with gbpjpy trend doesnt really mean squat when trading the 15m chart as price moves so much with this pair and looking for 20 or so pips, who really needs moving averages on this particular pair.
hlass

Weekly results to date--4 trades no losses 94 pips, pretty bad since I didnt have full puter access all week, but still better than a zero or negative pips, always must keep the positive attitude with the forex mkt.
Attached Image (click to enlarge)
Click to Enlarge Name: gj only 8 pips with 2 nice set ups.gif Size: 21 KB
  • #963
  • Jan 28, 2010 8:12am Jan 28, 2010 8:12am
Quoting magnumdbl
After an hour of trial and error, I believe that his MA's on the 15m chart are 250 and 20 both simple. Who said they found his indicator pkg for $20?
I suspect that was me but that was then and it is now a new 'Dashboard' costing $40.
Pipware, I believe, it is on FF with THV. Also look for CH videos 'on you tube' where the similarity to CH is demonstrated.

Gives the secret MA numbers as well!!!

Kolin
  • #964
  • Edited 9:46am Jan 28, 2010 9:43am | Edited 9:46am
Hi all,

Just a note, stochastics and CH method is great, I always use it for confirmation and also to know where swings are in the market, but with that in mind, as a trader advances more and more, as I study a lot and continually advance, as I am pretty good but want to get better and better and so any thing that I learn I like to pass it on in hopes that others can learn from what I see and that is quite satisfying to me, and also why I do little write ups in my posts and also bigger writeups like the one I will do this weekend on bollinger bands and inside bars.

Ok, so with that said, I made an entry short on eurucsd when nothing was really moving much, but looking at the bigger timeframes specifically 4hr and 1hr charts, we all know the eurusd has been down and more down in the past few weeks, but we have to time our entry unless we can handle really big drawdowns, and personally I dont like being down much at all, so anything over 10-15 pips and I am already looking to get out take a little loss and look for a better reentry a bit later on, always pays off that way at least in my trading.

So I entered on the 1hr chart, the stochastic was already way down in the oversold region, but that doesnt mean it cant stay down there for more time and thus price keeps dropping, and this is why one must eventually learn how to read price action, the candles, support and resistance, and what the price is telling us, as the candles and price is just interpreting and spitting back to us what the masses are saying and thnking about the certain market, so when I got in, I was late on the 1hr chart, but I had a hit and rejection off of the bollinger band which is the blue candle and then the next candle was a bearish engulfing candle which means that the bears might be trying to retake the mkt over and go down a bit more, so I wanted to wait for the break there and also the break of the monthly pivot, I got it and yet the bulls still wanted to push up and I went down 16 pips which really sucks, then the trade started to finally go my way, and then treasury secretary Geithner spoke and all hell broke loose and my trade started to work, so whatever he said, the people liked and drove the euro down which is a positive for the usd and at the same time the gbpusd fell as well which is of course great news for the usd also. So anyway got 1/3 out at 16 pips, another 1/3 out at 35pips, and the last 1/3 is still on the table, the 3950 area is a big psychological area, so we will see. Any questions, just ask.
hlass
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 35 pips so far.gif Size: 24 KB
  • #965
  • Jan 28, 2010 7:00pm Jan 28, 2010 7:00pm
Hello Everyone,

Just wondering if anyone has found a free MT4 indi that marks of the prior hi and low from the 1hour and 4hour candle on the 15M chart?

Thanks,
JD
It's Easy To Get In;.. It's Hard To Get Out
  • #966
  • Jan 29, 2010 3:30am Jan 29, 2010 3:30am
hello traders,
Can any one give me a link to the post or any file with current up-to-date information about main rules?
Thanks
The Road appears under the steps of walking men...
  • #967
  • Jan 29, 2010 3:44am Jan 29, 2010 3:44am
Quoting Soondoock
hello traders,
Can any one give me a link to the post or any file with current up-to-date information about main rules?
Thanks
Here's the latest updated PDF on all the rules of the method as well as the predominant notes from this thread.
Attached File(s)
File Type: pdf Craig Harris Method.pdf   180 KB | 5,393 downloads
Sentiment: Short on cash. Long on hope.
  • #968
  • Jan 29, 2010 3:50am Jan 29, 2010 3:50am
Quoting NeoRio
Here's the latest updated PDF on all the rules of the method as well as the predominant notes from this thread.
Thank You, NeoRio.
Have a nice trading and following weekend!
The Road appears under the steps of walking men...
  • #969
  • Jan 29, 2010 4:01am Jan 29, 2010 4:01am
Mr Piptalk, as you are the chief honcho here now I was wondering if you would ask Mr E to edit his page one posts to include NeoRio's excellent works on the system.

Failing that, I notice that you have a post on page one and maybe that could be amended.

Third option, could the moderators be prevailed upon to allow an extra entry between posts one and two to have the reference.

I do understand that it only takes a touch of the paperclip (top of the page, right hand corner) to find these things but we are dealing with lots of people who don't seem to know that.

Kolin
  • #970
  • Jan 29, 2010 10:49am Jan 29, 2010 10:49am
Quoting NeoRio
Better yet, here are my new(er) templates...tweaked a bit better. There is a black version and a beige version (and of course, you can change them around to your liking).

I cleared the chart up a bit more, especially on the M15 TF. Though most people might want to only have CH's style setup on the chart, I have tweaked these charts to suit my trading style a little more...you can do the same by taking off or putting on whatever you like. I decided not to have the Fractal S/R indicator on the chart because it added more lines/dots which I didn't...
Thanks so much for template NeoRio looks great.
  • #971
  • Jan 30, 2010 9:22am Jan 30, 2010 9:22am
Quoting NeoRio
Here's the latest updated PDF on all the rules of the method as well as the predominant notes from this thread.
You guys are true hero.
  • #972
  • Jan 30, 2010 10:57am Jan 30, 2010 10:57am
I just found this thread and have been working my way through all the past posts. I read one that said if I say hi I will receive email notices of new post, so Hi everyone and thanks for sharing all the great information. I searched for the CH method because I have been trading a variation for a few weeks on a 5 min TP.
  • #973
  • Jan 30, 2010 11:23am Jan 30, 2010 11:23am
"Hi" .

There - now I should get notifications too. ;o)
  • #974
  • Jan 30, 2010 10:04pm Jan 30, 2010 10:04pm
Boris Schlossburg talks about breakouts of the Asian session. Search You Tube for either his name or 'Session Breakouts'
  • #975
  • Feb 1, 2010 8:36am Feb 1, 2010 8:36am
Hi everyone,

Lets not let our thread die a slow death, we all need to pick up activity with conversation and charts, even I am guilty a bit, but I have been quite busy as has everyone Im sure, but lets all pick it up a bit, this is a great method of trading, lets keep it going.

I am behind, but i promise this week I will have my write up on here in a document form for everyone to enjoy, all about bollinger bands and candle usage, I will explain in nice detail how I trade.

Take care everyone and dont be a stranger.
hlass
  • #976
  • Feb 1, 2010 9:28am Feb 1, 2010 9:28am
Hello Everyone,

Here's to my first post! I have been following this thread from the beginning and hiding in the background. This looks like an amazing system and look forward to trying it out. Thanks to everyone for their great contributions to this thread.
  • #977
  • Feb 1, 2010 10:28am Feb 1, 2010 10:28am
Quoting HLass
Hi everyone,

Lets not let our thread die a slow death, we all need to pick up activity with conversation and charts, even I am guilty a bit, but I have been quite busy as has everyone Im sure, but lets all pick it up a bit, this is a great method of trading, lets keep it going.

I am behind, but i promise this week I will have my write up on here in a document form for everyone to enjoy, all about bollinger bands and candle usage, I will explain in nice detail how I trade.

Take care everyone and dont be a stranger.
hlass
Thats right HLass lets keep this thread going folks,really looking forward to your write up.Personally I have messed about over the years (would like to say months)looking for a method I could get to grips with,well now I have found it and am not budging, this method is the one i'm sticking with.
  • #978
  • Feb 1, 2010 10:49am Feb 1, 2010 10:49am
Hi,

Great to hear from you Podgy, stick with this, it is certainly worth it rather than to continually bounce around.

Moose welcome aboard, enjoy the ride.

Ok, made a few trades, the first one was the main one, but in a slow mkt today due to a lot of indifference in people throughout the world, monday and beginning of the week, not much happening, there was a bit of movement in London session but I dont play that, since I am on east coast time of the usa.

Anyway went short on eurusd at 1447gmt 13 minutes before news out of usa, we had many wicks hitting up at the 200ema showing us that price just didnt want to go any higher for the time being anyhow, so I played the pinbar, and then eventually the next candle, the big red one broke the low of the candle I got in on, and this was a nice bounce also off of the bollinger band, but I strictly got in on this based on the pinbar and s/r, and also the many wicky candles just preceding my candle of entry, took 1/3 at 16pips, another 40percent at 28pips and the remainder is still in with stop at b/e of 3928, maybe we break the pivot down at 3894 and get a few more pips, also made a few scalps in the last hour for 5 pips, three times, just for fun I guess, so total have 43 pips and maybe more who knows, any quesitons just ask, I will probably look for a few pips on asian tonight-maybe as my goal is 50 everyday, but 43 might be good enough for today in this slow mkt, guess it depends on this trade blowing the pivot south-or not.
hlass
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 28 pips 75% out.gif Size: 25 KB
  • #979
  • Feb 1, 2010 11:27am Feb 1, 2010 11:27am
Quoting HLass
Hi,

Great to hear from you Podgy, stick with this, it is certainly worth it rather than to continually bounce around.

Moose welcome aboard, enjoy the ride.

Ok, made a few trades, the first one was the main one, but in a slow mkt today due to a lot of indifference in people throughout the world, monday and beginning of the week, not much happening, there was a bit of movement in London session but I dont play that, since I am on east coast time of the usa.

Anyway went short on eurusd at 1447gmt 13 minutes before news out of usa, we had many...
Can you tell me what ma's you have on HLass,one is 200ema what are the other three?sorry if you have mentioned this before.Podgy
  • #980
  • Feb 1, 2010 11:53am Feb 1, 2010 11:53am
I'm just finishing this "webinar" right now...it's actually just a sales pitch to get people to join the 3 day webinars by the 10 advertised speakers. It's $49. My concern is that most of the speakers will be selling their mentoring/coaching services and I'm not sure if spending 3 days listening to all these guys sell themselves is the best thing for me right now.

Quoting eelfranz
For anyone who is interested I received this email... don't delay..

We are excited to announce that Dean Malone and Craig Harris
have been invited to speak at next weeks ONLINE "Forex Big Event"!

Dean and Craig will be joining 8 other Forex professionals including
"Forex Joe" Atkins, Steve Nison, Sunil Mangwani, Chris Lori,
Bob Iaccino, Norm Hallett and several others.
[size=2]You will want to attend one of TWO very special intro webinars
that...
Sentiment: Short on cash. Long on hope.
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