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Craig Harris Stochastics Method

  • #1,221
  • Feb 25, 2010 9:57pm Feb 25, 2010 9:57pm
Quoting NeoRio
What's the pipware dashboard?
Here you go. It works great.

http://www.forexfactory.com/showthread.php?t=210461

fxst
  • #1,222
  • Feb 25, 2010 10:12pm Feb 25, 2010 10:12pm
Oh...you mean Stratman's $40 dashboard. (Curious how it went from $20 to $40 so quickly...and also curious how there was a sales-pitch-type-of-thrust for it over the past few days).
Sentiment: Short on cash. Long on hope.
  • #1,223
  • Feb 26, 2010 2:15am Feb 26, 2010 2:15am
I just wanted to apologize if it sounded like I was dissing the Pipware Dashboard. I actually think it's a very good indicator...and something I would love to have. I have watched some of the videos and I concur that it is a quality piece of software. I know Stratman has probably put many, many hours into the making of it...and compared to CH's VERY expensive system/indicators/manual, it's a bargain and probably worth every penny.

Best Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #1,224
  • Edited 3:49am Feb 26, 2010 2:54am | Edited 3:49am
Quoting harmudge
There is approximately a 75% probability that once the market moves farther than about 45 pips from the open, it isn’t coming back.

Thanks for this info. Would be interested in some background on it.

Is this saying that it usually doesn't retrace a big amount back towards the open, or it just usually doesn't cross back over the open in the direction opposite to what it's been doing?

Anything been done to apply this to other pairs?

**
Did a search and found the discussion thread on the topic as well as the thread about the system.
Seems like there is a lot to get sidetracked on, but the directional aspect is still good to keep in mind.
  • #1,225
  • Feb 26, 2010 4:44am Feb 26, 2010 4:44am
Thanks for your comments Neo ... I did originally think you were being a bit harsh considering the number of hours I put into the community for free. But all ok now

Quoting NeoRio
I just wanted to apologize if it sounded like I was dissing the Pipware Dashboard. I actually think it's a very good indicator...and something I would love to have. I have watched some of the videos and I concur that it is a quality piece of software. I know Stratman has probably put many, many hours into the making of it...and compared to CH's VERY expensive system/indicators/manual, it's a bargain and probably worth every penny.

Best Regards,
NeoRio
  • #1,226
  • Feb 26, 2010 5:15am Feb 26, 2010 5:15am
Quoting stratman
Thanks for your comments Neo ... I did originally think you were being a bit harsh considering the number of hours I put into the community for free. But all ok now
Thanks for accepting my apology, Stratman. I want to complement you for all the free help, indicators and videos you have shared already...I see that you have done VERY much for free in an unselfish effort to help people along.

God Bless
Sentiment: Short on cash. Long on hope.
  • #1,227
  • Feb 26, 2010 7:50am Feb 26, 2010 7:50am
Quoting agent6488
Thanks for this info. Would be interested in some background on it.

Is this saying that it usually doesn't retrace a big amount back towards the open, or it just usually doesn't cross back over the open in the direction opposite to what it's been doing?

Anything been done to apply this to other pairs?

**
Did a search and found the discussion thread on the topic as well as the thread about the system.
Seems like there is a lot to get sidetracked on, but the directional aspect is still good to keep in mind.

Hi Agent,

The way I took the info was that it was unlikely to re-trace back to the open ??
What's your take on it ?

Glad you found the thread, I found it a good read.
  • #1,228
  • Feb 26, 2010 10:46am Feb 26, 2010 10:46am
Hi,

Took another short usdzar trade today, 700 pips off of the down candle on the middle bollinger band bounce, nice easy short trade and with some leverage can make good pips and money on this pair, of course, can get burnt real good too on this pair, 2 wins out of 3 can make one a lot of money in this pair, Ive won 3 of 3 this week on this pair, usual is 92%, just a thought about trading this pair, can make your pips and money in short time per week, but can get burnt quickly too, any questions just ask.
hlass
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  • #1,229
  • Feb 26, 2010 2:08pm Feb 26, 2010 2:08pm
Hi all this is just not brain surgery now is it....The CH method is a definite edge. So now I have started reading Mark Douglas' "Trading in the Zone" so far its a great book and seems to be a complete guide how to handle the emotions of trading. Couple this with the CH method and a person can "Fill the Bank" just coined that fraze. (LOL)

Today I don't trade live because my rules dictate that once I hit my pip target for the week I'm done...but sat down to read emails and took this long trade on gu which netted +25..then put on a short after that and still waiting..

Anyway I would recommend the Douglas book it has put alot of this stuff in perspective for me...Have a good weekend...
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  • #1,230
  • Feb 26, 2010 8:52pm Feb 26, 2010 8:52pm
Does anyone know how I can change my curser to a permanent crosshair on the mt4 platform?
  • #1,231
  • Feb 26, 2010 11:32pm Feb 26, 2010 11:32pm
Thanks for the continued education on the BB's...
Have noticed you cover some of the exotic crosses...
What moves the USDZAR? Would it be similar to the USDTRY movement?
Where do you place your SL on a pair that looks like it can spike severely?
Look forward to your continued input here.
Cliff

Quoting HLass
Hi,

Took another short usdzar trade today, 700 pips off of the down candle on the middle bollinger band bounce, nice easy short trade and with some leverage can make good pips and money on this pair, of course, can get burnt real good too on this pair, 2 wins out of 3 can make one a lot of money in this pair, Ive won 3 of 3 this week on this pair, usual is 92%, just a thought about trading this pair, can make your pips and money in short time per week, but can get burnt quickly too, any questions just ask.
hlass
I get exercise just pushing my luck
  • #1,232
  • Feb 26, 2010 11:44pm Feb 26, 2010 11:44pm
Hi cce,

yes the exotics are quick and i like that and with bollies pretty dang easy to spot a nice move, quick burns though if one doesnt pick right, i put stops mentally and mentally only because i do not like to be stophunted, but the spreads on the audnzd are about 10 so no big deal, the usdzar is 40-80 and more some time, so one really just have to place stops mentally, but money isnt in these trades due to unstable economy in places like south africa and mexico and so ibfx my broker knows about the great volatily and thus adjusts the payoff accordingly and it makes the pair unattractive as people see big spread and low payoff, for instance u win 200 pips on 1 lot on say eurusd and thats 2k usa dollars but on the usdzar its only about 200 dollars so they devalue the wins bad, so one needs to place 10lots and i dont trade that big, but 10 lots will give one 2k but one would think 80 pip spread is pretty expensive at 1 lot 800 bucks but its only 80 bucks so really equal to about 8pip spread, but if one were to play the 10lots i explained before now one is looking at 800dollars spread but remember pay off is quick and this pair moves hundreds and most times thousands of pips, so one could make good pips and money if it is done properly as far as money mgmt. goes

what is usdtry? as for mvmt of usdzar it is just a very volatile area and thus huge moves both ways and around 0500gmt everyday the mkt closes this pair down well at least ibfx does, and then there is always a big gap upon open usually 2-300pips lol

hope this helps,
hlass
  • #1,233
  • Feb 27, 2010 11:46am Feb 27, 2010 11:46am
I have the file CH templates zipfile and it is unzipped from your post of 2/24/10. How do I transfer to the MT4 platform templates folder and how do I open it? Many thanks Neo Rio for your help.....Susan~
  • #1,234
  • Feb 27, 2010 11:47am Feb 27, 2010 11:47am
Quoting go4pips
I have the file CH templates zipfile and it is unzipped from your post of 2/24/10. How do I transfer to the MT4 platform templates folder and how do I open it? Many thanks Neo Rio for your help.....Susan~
Hey Susan. I created a text file in the Zip bundle that has all the instructions on how to properly place the indicators and template in their perspective folders. If you read the text document titled "Readme.txt"...all will be explained!

NeoRio
Sentiment: Short on cash. Long on hope.
  • #1,235
  • Feb 27, 2010 12:03pm Feb 27, 2010 12:03pm
Hi Big E and Neo Rio,

Is there any free indicator for big Numbers and Mid range numbers for Meta tarder 4 on any site.

thanks

Nasir
  • #1,236
  • Feb 27, 2010 7:27pm Feb 27, 2010 7:27pm
Hello! I had a question about CH's 12-3 pm est strategy. He does a Fib strategy using the 23% Fib. When he did one of his webinars he talked about it, but was unable to write quick enough. He makes alot of his pips from this time period using the 23% Fib. He uses the 12-3 pm est for the strategy which is right after the London session is over. It has something to do with a retracement on the pairs that he uses (eurusd, gbpusd, audusd, usdcad and eurjpy). Please advise if you have some info. Here is my charts. I use the pattern recognition master indicator and only turn on the bullish and bearish engulfing pattern only. Only take the trading the direction of the overall trend. Have a good one.
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KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
  • #1,237
  • Feb 28, 2010 8:28am Feb 28, 2010 8:28am
Try this.
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  • #1,238
  • Feb 28, 2010 12:18pm Feb 28, 2010 12:18pm
Carlene,

I remember the web also but since then tried to figure it out...I believe he said that before London close price will retrace back to the 23 fibb level..I have watched a few times but not sure exactly when it may do this sometimes its half hour to an hour before the close and if price is sideways its hard to tell a retrace....
  • #1,239
  • Feb 28, 2010 10:09pm Feb 28, 2010 10:09pm
My notes from CH webinar: "When looking for trades AFTER the London close--if price is in the UPPER or LOWER 1/4 of it's range, look for a move to the 23.6% fib."
  • #1,240
  • Feb 28, 2010 11:01pm Feb 28, 2010 11:01pm
Anyone using TDI, Stochs on a daily TF? Obviously the 40-pip Tokyo session strategy won't work if using the daily, but I am intrigued by the TDI.
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