Craig Harris Stochastics Method

Try here Eagle...

http://www.forexfactory.com/showthread.php?t=49484

I thought it might be helpful to other traders to share in one place a complete set of recordings -- rather than considerably less convenient streaming video links -- of all publicly available Craig Harris Natural Flow webinars. Here are the links to all 8 CH public webinars given to date that I am aware of. (If you know of any others, please speak up now or... nothing.) I'll keep this set updated as needed.

1. 10.19.2009 | 165 MB | 1280x960 | 2:29:16
http://rapidshare.com/files/39359920....2009.nhct.wmv

2. 10.26.2009 | 131 MB | 1280x960 | 1:40:15
http://rapidshare.com/files/39360818....2009.nhct.wmv

3. 12.17.2009 | 159 MB | 1920x1040 | 2:20:57
http://rapidshare.com/files/39361809....2009.nhct.wmv

4. 01.25.2010 | 158 MB | 1680x1050 | 2:10:06
http://rapidshare.com/files/39362976....2010.nhct.wmv

5. 02.23.2010 | 193 MB | 900x508 | 2:03:26
http://rapidshare.com/files/39364157....2010.nhct.flv

6. 03.26.2010 | 372 MB | 960x540 | 2:06:29
http://rapidshare.com/files/39366239...0.nhct.mp4.001
http://rapidshare.com/files/39367413...0.nhct.mp4.002

Download both parts and join with free HJSplit.

7. 03.27.2010 | 346 MB | 960x540 | 2:02:43
http://rapidshare.com/files/39370212...0.nhct.mp4.001
http://rapidshare.com/files/39376355...0.nhct.mp4.002

Join with HJSplit.

Finally, last Thursday's webinar, hot off the press tonight:

8. 05.27.2010 | 187 MB | 1920x1080 | 1:41:42
http://rapidshare.com/files/39380201....2010.nhct.wmv

Of course, each video is best viewed at full screen on your largest monitor, regardless of the video's original resolution.

The time now is 6:42 pm EDT (22:42 GMT), Monday, May 31st, Memorial Day in the US.

Awesome, B-Rock. Thanks!

Hi,
How does it work? What do I have to do to trade with you?

Cheers
Austros

http://www.forexfactory.com/showpost...postcount=1681

Hi there. It appears I need some credentials to post in some of the other threads in FF. Is anyone willing to vouch for me and give me credentials?

Thanks in advance,
NeoRio

Hi Xaphod and Neo Rio,

i just read this whole thread. I am glad I did because I learned a lot and I don't even have to enroll in Craig Harris course anymore. We are thankful to the both of you for everything shared in here. If you don't mind, I have some questions that I need to understand.

For Neo Rio,
I just read your recent posts. I hope I can help you with your credentials but I don't know how and I am justa nobody here. How can we help you?
1.) Are you going to update your template with Xaphod updated dashboard? I don't want to tinker the settings. I just wait for your updated template for convenience

2.) With regards to carlen68 skype room, I a member already but I don't know how to enter the room itself. He is not replying to my message so I asked you.

3.) In carlen68's system, what time is the high and low of his fibonacci. I am pretty sure I read it but I did not jot it down and I don't want to find it again. Personally, the 23.8 is just a target. I think you can trade it without the fibonacci as soon as the london close. In short,it will definitely retrace as soon as it close. Is this basically the concept or am I not getting something?

4.) After reading this whole thread, I got confused with all the issue about the time. I don't know which to follow. In your template, you used GMT time right? So if our other brokers uses a different GMT, we just adjust it to the settings of our indicators specifically Xi-Dashboard, Xi-Vlines, Xi-asian session and the Ant-GUBreakout? My other concern is the Daylight Savings time since I think you mentioned it. I am not sure when it applies or when it changes. Can I just follow the time of forex factory to avoid the confusion? Is there need to change the settings of the indicators if there is Daylight savings time?

5.) What does the red line in your stochastic mean?

6.)Can you refresh the time that you trade as a CH strategy? 1st 3 hours London open,1st 2 hours NY open and 3 hours after the London close. Am I right? Am I missing a time range?

7.)Do you always enter from the OB/OS of the stochastic or do you enter as long as it satisfies the clock rule of CH even if it reverses on the middle part of the stochastics?

8.) During the CH times that we should be trading, do you only trade with the trend or it does not matter as long as the other conditions of stochastic and price action are met?

9.) You mentioned that you don't use fractals. Is the PTFH,PTFS,PLFS still beneficial to you? Do you just visualize that there are fractals in your chart. I also removed the fractals because it clouds the chart.

10.) What is the PTO (pips to open)? What is its use?

11.)Is the ant-GUB breakout just for measuring the pips of the Tokyo channel?

12.) Can the CH strategy be effective for the 5 min timeframe?

for Xaphod,
Great programming!

1.) What is the TFV period in the settings of the dashboard? What does it mean?

2.) Can you add an option to color change the H4 H1 Lines?

3.) Are you going to add an options for the sessions similar to a shaded background that I see from other indicators?

4.) Is there an options to put a line for the London open? I only see a London close.


Thanks for your time! I hope you can answer it. Good Luck! I hope I can ask more questions soon.

This parameter allows you to set a different MA-period for each time-frame. So when you switch time-frames, it changes the MA-period accordingly.
0,12,20,15,12,0,10,12,5 will give you Period=0 on M1, Period=12 on M5, Period=20 on M15 etc.

You can change the colors of the H1 & H4 in the colors tab when you open the indicator for editing.
Ctrl-I -> select Xi-Dashboard -> click edit button -> select colors tab

I don't quite understand this question. But if you want the session colored you can use the Ant-GUBreakout indicator to accomplish that.

You can use the Xi-Vlines indicator to set up to 8 lines of your choice.

Glad to hear you've found everything helpful...it's especially rewarding to hear that when we have devoted so much time to helping clarify things and set up indicators and templates to make it as easy as possible for those wanting to learn this method of trading. (Just don't let CH hear you say you don't need his course anymore!)

You're welcome, it's been a pleasure. Someone once said that teaching is the best way to learn...and I believe that is true, as there have been rewards in helping to teach this method! Glad you wrote down your questions in such an organized and thought-out way. I'll do my best to answer below.

Thanks for your willingness. In order to vouch for another member, you have to have have 4 Vouchers yourself. So, only members who have 4 or more vouchers can vouch for me! Here is the link with the info: http://www.forexfactory.com/userguide.php#wvs_obtain

Yes, I am going to update the template any day. I know I've been saying that for the past few days, but I haven't been able to set the time aside just yet as I have been installing 3 new OS's on my computer and keeping up with other things. I plan on making a "guide video" to go with the platform that will visually guide the user through the process of setting up the chart properly as well as to give some basic configuration and window layout suggestions. This guide video is what has slowed me down from putting it out sooner. The few extra days will be worth it, I'm hoping!

The best way to get in the room is to write a post right here in the thread with a Title that reads something like this: "Carlen!!!--Please add me to your CH Skype room!!!". Then in the body of text write your Skype contact name, so that he can add you as a contact. You will need to be in his contact list for him to add you to the Skype room.

I suppose you are referring to the LC (London Close) 23.6% Fib retracement trade? If you've been watching CH's recent webinars, you will have seen that there is a little more than to this "trade" than a simple trade back to the 23.6. The CH Skype room has not been trading that method lately, because there haven't been very good setups these past few weeks...and possibly because it doesn't compare to the meat and potatoes method of the swing trades during the London session.

I know the "Tokyo Channel" can be confusing. Lord knows it confused the heck out of me in the beginning, because it wasn't clearly laid out...and actually several members have misquoted what time frame the TC actually is. One misleading factor to this confusion is that CH calls this the Tokyo Channel, but in fact it begins a few hours before the Tokyo session even opens. The proper TC (and the one your charts should reflect) is from Wellington open (22:00 GMT) till NY midnight (05:00 GMT). If you can figure that out, then you have it made! In the video I'll make to accompany the new template, I'll address this issue and show you how to adjust the template according to your broker's time to match the TC properly.

The red line means the SS (Slow Stochastic) does not have enough of a valid angle to enter. So when you see red, don't enter...when it turns yellow...good to enter.

The CH method can be traded any time of day. Let me repeat that...The CH method (swing trading on the M15) can be traded at ANY TIME OF THE DAY. Having said that...you probably already know this, but the London session is the busiest time of day to trade. I posted a chart a while back that shows the liquidity in the market at around the first 2-3 hours of the London session. They are by far the highest liquidity hours of the day. There is another hour or 2 later in the NY session that comes in second. Because of that...CH's (and most trader's) favorite time to trade (in general...with most systems) is at or around the LO. The only reason CH also trades from after LC for 3 more hours is because that is when he does his training session with his subscribed traders. Since the market is very different at LC compared to LO, the basic trading strategy (mainly goals and targets) takes a very different gear (slower). The trade entries (the system itself) is still the same and goes by all the same criteria...but the MM and target goals take on a different approach.

All that to say that if you have the choice of TF to trade, the first 3 hours of London (or even 1 or 2 hours before London opens) are the best.

You do not need to wait for the SS to be OB/OS. The only criteria for the SS is that they are pointing up or down at enough of an angle to give you confirmation. Since the SS can stay OS/OB for hours on end...you can still get into good trades even if they are OS/OB. Having said that; pay attn to how long they have been OS/OB for. If they've been OS/OB for several hours already, there is a high likelihood that they will be turning and going the other direction sometime soon.

Good question; as a rule of thumb, unless the pair you are trading has already put in its daily range (or its Weekly Average Range, or its Monthly Average Range), you should try to avoid CTTs (Counter Trend Trades). However, there are many of us traders in the CH Skype room who push the envelope on this point...especially if there is enough distance between the current price and the 20SMA (35 or more pips to the MA is recommended for a CTT). Once the pair you are trading has put in its range for the day, then CTTs are OK to take...but still pay attn to the distance to the MAs as you don't want to trade right into the MAs if there is a likelihood that they will continue to act as support and resistance.

It is helpful to know the distance to the last fractal high/low...and the other numbers that the Dashboard shows you. However, for me personally, I have not found it a healthy way to trade to base my target bias on the last fractal swing. It is seldom that price moves to the last fractal and just stops or turns around. Don't get me wrong, this can and does happen...but more often than not, price stair-cases its way from new low to new low, or new high to new high. The idea of seeing the swings (fractals help show the swings) is that you can see that you are coming out of one and going to the next. For me, once I enter a trade, my psychology takes over in a different way than other traders (as EACH TRADER IS DIFFERENT). When I hit +20 pips an internal switch is triggered and I make a decision to stay in the trade, close a portion and set stops to BE, or ride it longer. This is why you can take 2 traders, have them trade the same exact system for the same exact amount of time following the same exact rules...and by the end of the month they will most definitely have very different ACCOUNT GROWTH results. Same exact trades, same exact system, same exact rules...DIFFERENT psychology, DIFFERENT MM rules and reactions, DIFFERENT risk per trade.

Yes, PTO stands for Pips To Open. It shows you how many pips distance there is from the current price and the day's open price. I used to use an indicator that drew this line on the charts for me...I find it helpful to know when you are close to it, or if you have already moved 70+ pips from it. If price stays around that area, or re-visits it...you'll notice that it acts as S/R just like the TC does. If price has moved away from it by 70 pips or more...you can mentally gear up for price continuing to move away from it to put in its daily range.

Yes, that's all we're using it for in this template. You can use it for testing other BO (Break Out) methods, as it's a handy indicator for testing particular ranges, etc. I believe Xaphod's new AsianSession indie may take the place of the Ant.

I wouldn't suggest it. If you want to trade the CH swing method, then stick with the M15, that's the TF that it works best on. Too much noise on lower TFs and different psychology and training needed for higher TFs.

Best Regards,
NeoRio

THANK YOU !!!

Great job in making it easy to find them all together.

Please add me to the Skype room. my Skype name is injmldguru

Shorted E/U 15m chart at 1.1995 - 2 lots. Have moved S/L to 1.1948 at this time and I'm still in the Short trade...

That's weird, my platform does not show any price higher then 1.1966 the last hrs.

For what I know about forex, ...........I just started "yesterday".............., that must have been a trade from a Friday.

Hi NeoRio and Xaphod,

Thanks for replying!

For Xaphod:
1.)I am not sure how you add lines in your V-lines indicator. It can't open in the metaquotes language editor.
2.) in the TFV period of your dashboard, can we change the timeframes we want? We can change it up to nine timeframes,right?
3.) Is there a way to remove the ant-GUB label on the lower level of the chart. It is distracting at times.

For NeoRio:
I appreciate you answering all my questions. I am sorry I can't help with the vouch thing. I hope I can help you in some other way. I have followup questions if its ok with you.


Thanks for your willingness. In order to vouch for another member, you have to have have 4 Vouchers yourself. So, only members who have 4 or more vouchers can vouch for me! Here is the link with the info: http://www.forexfactory.com/userguide.php#wvs_obtain


The best way to get in the room is to write a post right here in the thread with a Title that reads something like this: "Carlen!!!--Please add me to your CH Skype room!!!". Then in the body of text write your Skype contact name, so that he can add you as a contact. You will need to be in his contact list for him to add you to the Skype room.

Carlen already added me but I don't know how to enter the skype room. What I only see is my conversation with carlen not with anybody else. I don't see others. Is that what is supposed to be? I am expecting something similar with a webinar. Sorry for the ignorance.

Good question; as a rule of thumb, unless the pair you are trading has already put in its daily range (or its Weekly Average Range, or its Monthly Average Range), you should try to avoid CTTs (Counter Trend Trades). However, there are many of us traders in the CH Skype room who push the envelope on this point...especially if there is enough distance between the current price and the 20SMA (35 or more pips to the MA is recommended for a CTT). Once the pair you are trading has put in its range for the day, then CTTs are OK to take...but still pay attn to the distance to the MAs as you don't want to trade right into the MAs if there is a likelihood that they will continue to act as support and resistance.

I am not sure what you mean by "trading has already put in its daily range (or its Weekly Average Range, or its Monthly Average Range)". From this statement, do I base it on Xaphod's dashboard? How will I know?

Yes, PTO stands for Pips To Open. It shows you how many pips distance there is from the current price and the day's open price. I used to use an indicator that drew this line on the charts for me...I find it helpful to know when you are close to it, or if you have already moved 70+ pips from it. If price stays around that area, or re-visits it...you'll notice that it acts as S/R just like the TC does. If price has moved away from it by 70 pips or more...you can mentally gear up for price continuing to move away from it to put in its daily range.

Where do you look for the day's open price? thru websites or can it be found in Xi-dashboard?


Best Regards,
NeoRio

Thanks again!

First thing I'd suggest is that you make sure you are using a newer version of Skype. If you happen to be using a really old version, there is a chance that conference rooms were not supported (not sure). Otherwise, it normally takes between 5 minutes and 1 hour for you to start seeing the chats and be allowed to participate in a newly-joined room. By now, you should be seeing all the chats going on in the room. Try chatting Lenny again next time you're both on Skype at the same time, I'm sure if you are able to chat each other you will also be able to see the CH room chats.

Yes, Xaphod's dashboard will make this easy, as you can see yesterday's range, last week's range and last month's range. If you prefer to do this the hard way, you can use your crosshairs and measure how many pips the pair has moved compared to yesterday, etc. The idea is that you wait to CTT until the pair you are trading has already done its daily range...meaning that price has already moved the average amount (from high to low) that it normally moves in a given day. Because once it does that, price will normally bounce around within that range for the rest of the day (not always...but usually)...so you can trade back and forth a little more comfortably (safer).

Xaphods' Dashboard has a PTO field...that will show you where/what the day's open price was.

Regards,
NeoRio

From your chart: Ctrl-I -> select Xi-VLines -> click edit button -> select input tab -> Adjust input settings to what you want. See images below.
sc1.png
sc2.png
sc3.png

You can set a different MA-period for each of the time-frames. So when you switch time-frames, the MA-period changes.

Have you tried switching off the labels. Same procedure as above. See image below
sc4.png

From the dashboard:
TDR - Todays Range
YDR - Yesterdays Range
ADR5 - 5 day ADR. Average Range of the last 5 days
ADR20 - 20 day ADR. Average Range of the last 20 days

From your chart find the candle at the time the market opened. This time is adjustable via the dashboard as different brokers use different time zones.
Parameter in dashboard: Adr.MarketOpenHour=00

The opening time of the candle at that time is your open time for the day.

Cheers!

Hi Guys,

Greetings from -4 GMT (New York)!

Well done on this thread!! I have read it in its entirety front to back, and I think this is an excellent, excellent method of trading. In fact, it is now my preferred trading strategy, as I am having enormous success trading it.

As a small contribution, I am finding lately that E/J is another superb pair to trade with this method, in addition to the preferred G/U. The E/J ADR is about 50 pips more than G/U during the London session (at least for the past month), which of course means greater swings and more profit potential.

Thanks again for all the excellent work!

Hi Xaphod!

Thanks for the explanation!Got it already

Hi Neo!

Thanks for the answering my questions. I am just curios on how you trade. You have said that the CH strategy does not need to trade only the London open or NY open. So are you trading the whole day? How many pips is your average earning per day? how many pairs do you trade? Do you trade from Monday to Friday? Sorry if the questions are getting personal.

Personally, I am testing the CH strategy right now. I have added something to my trading and still testing if it is effective. I hope it works because my approach is low risk and low reward because I have a small micro account if ever I will trade live.

Hi again Xaphod,

I need a favor to ask. If you are busy, I understand if you don't do it. I am attaching an indicator called "SM Hull MA".I am pretty sure you know this indicator. I just want it to alarm with comments whenever it changes color. Thanks!

Yes, JayChi...you're getting too personal! Heh! Just kidding. You want to know how I trade?--I could teach you...but I'd have to charge. Ha!--jerking your cheek again!

I trade the LO hours. That is the best time of day to trade and so I have changed my schedule around to stay up late at night and trade 3 or 4 hours right around LO. I live in California so LO is midnight for me. I used to trade the NY open and wake up at 5am my time. My results were worse than with the LO...so I made the switch. (Albeit since then, I have become a better trader and could probably make it work during the NY hours OK...but with smaller moves and a slightly different approach.) My point is that you can adjust and adapt to whatever time period you need to trade.

I trade the 4 Amigos (that's my little slang for GU/EU/EJ/GJ). I don't know if I have a favorite...I always thought it would be the GU...maybe because so many people say the GU is their favorite...but I've been developing feelings for the EJ and the GJ of all pairs...feelings that I never thought I'd have for them. The GJ has always scared me, it is nick-named "The Beast" and rightly so...it's a monster of a mover. But in recent months the GJ has constituted somewhere around 40% of all my profits.

I work at my computer quite a bit, so I will often times (not be trading), but doing other work...and I'll have my charts open (on my multiple monitors)...and if I see a good setup (no matter what the time), I will take it. This has often times burnt me, but as I become a better trader, I have learned to keep my emotions in check and become more disciplined...and if the setup is a valid one, then I see no harm in getting a jump start to your trading day hours before it even begins. As a result (especially in recent weeks with all kinds of crazy moves at all kinds of times), my account has grown much faster than in months past.

Yes, I do trade Mon through Fri. If I had a $100k+ account, I'd probably limit my trading days to Tue-Thur, as those are the best/safest days for "normal" market activity. However, since I consider myself to still be a learner and to be in the camp of those who want to grow their account rather than live off of my account (since I'm not at that stage yet), I trade Monday (which for me is late Sunday night) till Friday (Thursday night). As a result, I have the opportunity to learn and experience trading at the rather undesirable times (which is good to experience...at least for a time). I have had some very good Mondays and Firdays...and I'm sure I would have regretted it if I had not traded those days (after the fact).

Pip count: No, I don't go by pip count...not anymore. I go by account growth. I use an indicator that logs each trade I take and let's me know what my pip percentage for the day/week/month/year is...and now much money that translates into. I have found that (for me), doing the pip count thing was not very transparent as I sometimes scale out my positions. If you scale out at 20 pips and then let another portion run, then scale out (in however many "legs" you do this)...the pip count gets confusing. If you would have closed the whole position at 25 pips (for instance), it might actually end up being just as much money as if you had closed out half at 15 pips and half at 35 or 40 pips. So, now-a-days I shoot to grow my account by a minimum of 2% a day. My average is somewhere between 4% and 8% a day (though I have had 20% days!). The ironic thing is that because I do recovery trading, sometimes my day pip count will be -20, but account growth will be +5%...go figure.

Hope these answers can help you in some way. Bottom line is that every trader will have different results...doesn't matter what set of rules you apply, the human psychology and discipline can't be contained in a system. Once you find your niche and learn what works for you...I suggest you stick with it. If you feel that you're losing a lot...don't give up. Tell yourself that you will take the next 20 trades using this system/method...even if you have lost the last 5 trades. After all, every system has losers and it is something you need to get used to and learn to manage with MM. I guarantee that if you stick with ONLY this system for your next 20 trades, you will most likely have more winners than losers. Then less losers all the time.

Kind Regards,
NeoRio