Craig Harris Stochastics Method | Page 103 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Stochastics Settings 12 replies

bo7a method... method for GBP/JPY 205 replies

Stochastics 3 replies

Math question: equating hourly stochastics/rsi with daily 3 replies

Slow Stochastics Indicator 1 reply

Attachments: Craig Harris Stochastics Method
Exit Attachments

Craig Harris Stochastics Method

  • #2,041
  • Jul 6, 2010 5:42am Jul 6, 2010 5:42am
Hey

I didnt take any screenshots, but just experienced ie. a "perfect" long trade at a fractal suddenly ended up being a "perfext" short trade 2-3 bars after and the fractals then repaint.

Hence my conclusion so far is, that it is not possible to "backtest" visually at all...

Anybody pls correct me, im hopefully wrong

BR

PC
Quoting Slack
Can you please post screen shots showing your trades?

thanks
Less is more...
  • #2,042
  • Jul 6, 2010 6:17am Jul 6, 2010 6:17am
Quoting pipcruiser
Hey

I didnt take any screenshots, but just experienced ie. a "perfect" long trade at a fractal suddenly ended up being a "perfext" short trade 2-3 bars after and the fractals then repaint.

Hence my conclusion so far is, that it is not possible to "backtest" visually at all...

Anybody pls correct me, im hopefully wrong

BR

PC
Ok.

Fractals are a 2 bar lagging indicator; cannot be used as a trade trigger... at least not they way we normally think of a trigger.

IMHO, the primary indicator should be the the 15m and 1hr Stoch agreement. Fractals help build context and structure.
  • #2,043
  • Jul 6, 2010 8:01pm Jul 6, 2010 8:01pm
HI Guys Just want to say thanks to everyone for the forum .
it hasn't turned to a slag feast like some others well done.

Just one thing if anyone is into reading books that I think would help it's

Malcolm Gladwells "Outliers" the story of success

He writes about how some people such as Bill gates, The Beatles and others became successful the is a pattern and one of them is time and the time frame that pops up a lot is 1000 hours.

Hope that doesn't scare you off this might though, almost all also had timing. right place right time in history very interesting and I highly recommend it.

Cheers
I do Good I feel GoodI do Bad I feel Bad
  • #2,044
  • Jul 6, 2010 10:38pm Jul 6, 2010 10:38pm
MaxTrader... I just use the default settings on the TDI Indicator... Big E
  • #2,045
  • Jul 7, 2010 12:23am Jul 7, 2010 12:23am
do you guys think Craig Harris is worth the investment? i need some advise.
  • #2,046
  • Jul 7, 2010 1:28am Jul 7, 2010 1:28am
Quoting premierpip
do you guys think Craig Harris is worth the investment? i need some advise.
NO


He's just another system seller.
  • #2,047
  • Jul 7, 2010 10:51pm Jul 7, 2010 10:51pm
Why do you say that? I've seen nothing better out there.

Quoting tradestar1
NO


He's just another system seller.
  • #2,048
  • Jul 8, 2010 1:09am Jul 8, 2010 1:09am
Go ahead .... it's your money. ...... After you have bought a few systems you may wise up. Ultimately you need to develop your own system, it will be an adaptation of one of those already existing.
Go spend some time reading James 16's thread. read Jacko's first couple of posts, and read Danuk's thread.
From those you will get a good exposure to trend following, support and resistance, and price action....... then put it all together into your own system with your own rules.
All of that is free and will give you a better understanding than harris's BS.
By the way I have not purchased his system but I have seen a lot of his advertising demo crap.
  • #2,049
  • Jul 8, 2010 2:09pm Jul 8, 2010 2:09pm
TradeStar1.... I can appreciate your opinion because we have all purchased things along our path for learning the forex. Some good and some bad. And yes ultimately you will come up with your own system over time. However, I think it's a cheap shot to tell someone that a corvette is a piece of junk when you never owned one yourself.... meaning since you have never taken the course... how can you judge it's quality. A lot of traders never made money in the forex until they found this thread.... and that's true of other threads too. Just research the information and then make your own decision would be my recommendation Premierpip. Big E
  • #2,050
  • Jul 8, 2010 3:33pm Jul 8, 2010 3:33pm
Hi Big E and thanks for all the help to others. I have been trading Only trend lines with some success on the 1 hour charts. I like this method and hope to add to it as well. Will continue reading everything first. Thanks again and please keep up the good work Mr D.
Jesus my Lord
  • #2,051
  • Jul 8, 2010 11:44pm Jul 8, 2010 11:44pm
I've used a lot of systems....this system works. It works like nothing I've ever saw. Everything I've ever learned adds to this system....but....this system is the flour and water. It's tough making bread without it. You can.....it's still harder.

Yes it covers price action, trends and such....he put's it together in an easy to understand package. I was making money the second night without the TDI....the TDI makes things even easier.

I have no problem paying man. Even if the additional things you get for the 1300.00 are useless....the basic free program is worth a grand. I'm guessing he's got a few things you pay for, that are really powerful.

This system is not Bull....that's where you lose your credibility.


Quoting tradestar1
Go ahead .... it's your money. ...... After you have bought a few systems you may wise up. Ultimately you need to develop your own system, it will be an adaptation of one of those already existing.
Go spend some time reading James 16's thread. read Jacko's first couple of posts, and read Danuk's thread.
From those you will get a good exposure to trend following, support and resistance, and price action....... then put it all together into your own system with your own rules.
All of that is free and will give you a better understanding than harris's...
  • #2,052
  • Jul 9, 2010 12:44am Jul 9, 2010 12:44am
It's not just the system, though it might start there. There is a lot more, mainly the psychological makeup of the trader and how he handles greed, fear and.... yadayada.. it's all been said and done a zillion times over.

Those who remain sceptical, keep your negativity to yourselves. The rest of us are here to learn and improve.
"Stay Sharp and Keep Learning!" - VM
  • #2,053
  • Jul 9, 2010 2:14am Jul 9, 2010 2:14am
Quoting tradestar1
NO He's just another system seller.
Hi Prempip, that was the best advice. What Tradestar followed with was also good advice.

Cugir321 seems to lack experience of what is out there.

This whole system is just a 5 bar reversal system. It has a number of 'bells and whistles' which many of the people here feel are important. It is however a well known, basic price action method and to pay an extraordinary large amount to have someone show you it is foolish.

Other systems sold with the same basis include '10 pips anytime you want'; 'The third bar';
'Lidencourt' is just based on the stochastic element.

I will say though. The 5BR is probably the best basis for trading. Certainly the best that I have found. That includes James16, with no disrespect to him, his scheme or his followers.


None of those suggesting that you buy the course have admitted buying it themselves!! So none of us have driven the 'corvette'. Neither can we have really properly seen it.

If you were to invest a small amount of your money in trading live, with a micro account and use this thread to ask advice/report your results, you would be better served. I do believe that experience will serve you better.


@ volatile monk "All that it takes for evil to succeed is for good people to do nothing"

You think that we should all be quiet about the system sellers out there? A little negativity is a good thing, helps people to think.


Kolin Vekal
  • #2,054
  • Jul 9, 2010 2:19am Jul 9, 2010 2:19am
Quoting cugir321

I have no problem paying man. Even if the additional things you get for the 1300.00 are useless....the basic free program is worth a grand. I'm guessing he's got a few things you pay for, that are really powerful.

Will you be or have you already bought?

This system is not Bull....that's where you lose your credibility.

Who said that it was?
The 5 bar reversal has forever been a good system.

Kolin Vekal
  • #2,055
  • Jul 9, 2010 2:20am Jul 9, 2010 2:20am
Hi all

I am just wondering what traders are using for stop loss. I am aware that on the videos, Criag mentions that as price moves in his favor, he has a 5 pip trailing stop rule. Is anyone else using other strategies regarding trailing stop.

The trailing stop strategy that I am using at the moment does not appear to be working, eg I am getting out of the trade at BE too often. BE is better then a loss, however I am not reaching 40 pips a day as per his recommendations on his videos.
What you do is a reflection of you....what I do is a reflection of me.
  • #2,056
  • Jul 9, 2010 3:16am Jul 9, 2010 3:16am
Firstly sorry my english. i hope, you will understand my question.
And sorry again. Because maybe i ask same question again.

I have a problem about FXDD time server and Tokyo Channel. Could someone tell me today's Tokyo Channel High- Low? or Could someone show me this with a picture?

i read the whole topic from the beginning. And i use compassfx-FXDD metatrader. But i asked the question to be sure. Please help me!

Also i noticed something at the Craig Harris's videos(http://www.the-natural-flow.com/back...-Targets2.html) . He uses Varengoldbank Mt4, doesnt he?
  • #2,057
  • Jul 9, 2010 9:23am Jul 9, 2010 9:23am
Ezzy.... Are you trading the London Session? If so you shouldn't have a problem making 40 + pips. Big E
  • #2,058
  • Jul 9, 2010 2:14pm Jul 9, 2010 2:14pm
Quoting cho_7288
Firstly sorry my english. i hope, you will understand my question.
And sorry again. Because maybe i ask same question again.

I have a problem about FXDD time server and Tokyo Channel. Could someone tell me today's Tokyo Channel High- Low? or Could someone show me this with a picture?

i read the whole topic from the beginning. And i use compassfx-FXDD metatrader. But i asked the question to be sure. Please help me!

Also i noticed something at the Craig Harris's videos(http://www.the-natural-flow.com/back...-Targets2.html)...
Sorry for silly questions. I read carefully again and found the answer.
  • #2,059
  • Edited 8:41pm Jul 9, 2010 8:22pm | Edited 8:41pm
This is right out of tradestars post.....
"All of that is free and will give you a better understanding than harris's BS."

He threw out the above statement but didn't follow through with a post of the free stuff.....

You said it below.....it's a good system. The guy who makes money selling a system is the one that packages it so it can be understood and easily applied.

Who has a better package of the system?

Will you post it? My beef is if the folks here are going to slam something, then defend the option. Where's the link to the great, free organized stuff? It's easy to say something is better. It's a waste of time to say it's better and drift off.....that's not being helpful.....it's being arrogant. That's not about teaching....it's about insecurity.

Quoting Kolvekal
The 5 bar reversal has forever been a good system.

Kolin Vekal
  • #2,060
  • Jul 9, 2010 11:06pm Jul 9, 2010 11:06pm
Quoting eelfranz
Ezzy.... Are you trading the London Session? If so you shouldn't have a problem making 40 + pips. Big E
Hi Big E, thanks for your reply. At this stage, I am demoing and trying this system out. Not every signal is a wining signal (20 pips or more), so I am looking at different trailing stops etc.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
4 traders viewing now