Craig Harris Stochastics Method | Page 108 | Forex Factory

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Craig Harris Stochastics Method

  • #2,141
  • Jul 20, 2010 3:04am Jul 20, 2010 3:04am
Quoting EasyTrader
Thanks... I see on the M15 that price is below the 180 and almost going through the 20....

Should I wait for the next swing or go short as soon as it goes through the 20...
OK! That worked out fine... my short was triggered @ 1.5282 and I only took 10 PIPS.

I'll wait for the next swing...
  • #2,142
  • Jul 20, 2010 3:12am Jul 20, 2010 3:12am
I'm glad you got pips! I don't know what to do next. I think wait for a retrace and another signal. Trend still looks up but sto's are down on the H1. We'll see....
Barry
  • #2,143
  • Jul 20, 2010 3:18am Jul 20, 2010 3:18am
Quoting Bary
I'm glad you got pips! I don't know what to do next. I think wait for a retrace and another signal. Trend still looks up but sto's are down on the H1. We'll see....
I've signed up for Craig's webinar on Thursday... Most of his video's are not available to see now, but with my past experience from trading I think I know how it works... will wait and see.
  • #2,144
  • Jul 20, 2010 4:19am Jul 20, 2010 4:19am
Hi Lenny, could you please add me to the 4Hr skype room too. My skype name is: ingit2

Thks
  • #2,145
  • Jul 20, 2010 5:27am Jul 20, 2010 5:27am
Quoting eelfranz
NeoRio... been missing your posts and smiling face!

Big E
Sweet, thanks Big E. I still do my best to answer all questions that come my way here on the thread. I am also busy every night trading (night for me, morning to Europe) and thankfully doing well. I'm active in Lenny's Skype room and do my best to interact and help fellow traders out with tips and counsel as we brave the seas of the wild Forex day after day!

Best Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #2,146
  • Jul 20, 2010 5:30am Jul 20, 2010 5:30am
Quoting Double A Ron
I'm going to single out Neo Rio for a second: I read the whole thread over the course of about 4 days. It was sort of like time lapse photography. The transformation you have made is readily apparent. Congrats on your progress! I'm hoping to have a similar journey and start participating in this thread.
Why thank you, kind sir. I appreciate all the love around here! My trading journey has been an interesting one...never easy...always very hard and challenging, but as in most things in life; if you don't give up, some day you'll achieve your goals! I wish you all the best and hope your trading journey will be a pleasant one and that you can learn from my mistakes and the mistakes of others so that you don't have to suffer making your own set of big mistakes (though you probably will!--as that's the best way to learn!). CH is another way you can ease your learning curb, he's a great mentor and sticks with his students for a whole year.

Best,
Neo
Sentiment: Short on cash. Long on hope.
  • #2,147
  • Jul 20, 2010 5:36am Jul 20, 2010 5:36am
Quoting EasyTrader
Got introduced by Dustin Pass (forextradersdaily) to the natural flow system.

Gonna try this out today.

It is now London open and I just got a fractal on top of M15 (GU). Put a sell stop on the bottom of the first candle. @ 1.5279 SL @ the top of the reversal candle 1.5308

Am I correct?
Oh my. Please watch CH's videos to see what a proper entry is. You seem to be guessing here...and if you just watch these videos a few times you'll get it without a doubt. CH Videos

Best Regards,
Neo
Sentiment: Short on cash. Long on hope.
  • #2,148
  • Edited 7:03pm Jul 20, 2010 7:37am | Edited 7:03pm
Quoting UncagedEagle
Xaphod, if you ever invent an EA for this method, I think you'd be looking at a nice comfortable early retirement, probably someplace tropical. just a thought
Early retirement to some place tropical would be great! However, an EA for this method may be a bit difficult to make. Maybe, if we can isolate some specific high probability setups that don't require an organic computer, it could work.

/Xaphod
  • #2,149
  • Jul 20, 2010 7:52am Jul 20, 2010 7:52am
Hi Lenny, I would also like to be added to your Skype room please. My ID is ryanyeoch. Thanks!!

Regards
Ryan
  • #2,150
  • Jul 20, 2010 8:30am Jul 20, 2010 8:30am
Quoting NeoRio
Oh my. Please watch CH's videos to see what a proper entry is. You seem to be guessing here...and if you just watch these videos a few times you'll get it without a doubt. CH Videos

Best Regards,
Neo
Thanks Neo... but all the videos are not available to watch...
  • #2,151
  • Jul 20, 2010 11:02am Jul 20, 2010 11:02am
bythepound... Hey neighbor...well almost. Dan, your trading style will always be different than someone elses even trading the same rules. You will tweak the rules to fit your experience and personality... we all do. My best advice is to....

Study the 4 hour charts you plan on trading... no more than two. Use the TDI & Stoch as usual. I use the 21 EMA/Shift 3 on my charts. Study back 3-6 months and pay close attention to how the signals look on your chart and what normally happens when you get close to the 32/68 lines on the TDI. How many candles run on a normal reversal... Trailing Stop of 35-50 pips depending upon PA at the time of entry... I normally don't use a TP but if I had a job and had to go to work... count the average number of pips on reversals and set your TP at about 80% of that amount... I trade when green crosses red or bounce off red when stoch agrees... not when candle crosses MA and I trade in both directions. Practice, practice, practice on Demo until you get your stride and feel confident. Studying old charts is the key to learning and success... no study = no pips.
  • #2,152
  • Jul 20, 2010 11:11am Jul 20, 2010 11:11am
The available CH Videos in my favorites:

http://www.the-natural-flow.com/back/backfxnews.html
  • #2,153
  • Jul 20, 2010 11:41am Jul 20, 2010 11:41am
Dear Members,
By coincidence, I found this thread. I'm new and currently reading thru (almost finished). This method looks great and I like it most because it's mechanical, even if we always must bring our own judgement (trend, etc.). It will be new to me this type of trading, but I believe this is what I was looking for, a clear-cut method.

Many many thanks to Big E, PipCop, PipTalk, Neo, HLass, Bpips and all others! You have done a really great job!

As soon as I start using this method, I'll post my trades and hope you guys will give your valuable opinion.

Best,
Lirim
  • #2,154
  • Jul 20, 2010 6:36pm Jul 20, 2010 6:36pm
Xi-VLines v1.01

 

  1. Bug Fix: did not draw line2, line3 and line4 in current time.
  2. Added Indicator number so multiple copies of the indicator can be put on the same chart.
  3. Added extra Line.

Attached File(s)
File Type: mq4 Xi-VLines v1.01.mq4   13 KB | 673 downloads
  • #2,155
  • Jul 20, 2010 7:16pm Jul 20, 2010 7:16pm
lenny;

can you add me as well? skype id: samk090905

thank you very much.
  • #2,156
  • Jul 20, 2010 7:16pm Jul 20, 2010 7:16pm
So last night was my first night paper trading the method in real time on EUR/USD.

I ended up with: Win, Loss and Win. I doubled up on the last trade, which leads me to my first question of no doubt many questions:

For those of you who use double position size (during London sesh only etc), what risk % do you use normally?

I was going to go with 2% for my real money trading and with that in mind, doubling seems very scary - the possibility of losing up to 6% in two trades. I guess this issue will become clearer when I have a better idea of my win rate using this method.
  • #2,157
  • Jul 21, 2010 5:07am Jul 21, 2010 5:07am
Quoting EasyTrader
Thanks Neo... but all the videos are not available to watch...
I took them down out of respect for Craig Harris.

Regards
Sentiment: Short on cash. Long on hope.
  • #2,158
  • Jul 21, 2010 5:13am Jul 21, 2010 5:13am
Quoting Xaphod
Xi-VLines v1.01

 

  1. Bug Fix: did not draw line2, line3 and line4 in current time.
  2. Added Indicator number so multiple copies of the indicator can be put on the same chart.
  3. Added extra Line.

Thank you Xaphod! I was looking forward to this update! On the old version the 4th line did not let you change the line type...and always put a solid line.

Thanks again!

Neo
Sentiment: Short on cash. Long on hope.
  • #2,159
  • Jul 21, 2010 5:20am Jul 21, 2010 5:20am
Hi Lenny

Would be kind enough to add me as well. my skype id is: vicgab74

Many thanks
What you do is a reflection of you....what I do is a reflection of me.
  • #2,160
  • Jul 21, 2010 12:25pm Jul 21, 2010 12:25pm
Quoting eelfranz
bythepound... Hey neighbor...well almost. Dan, your trading style will always be different than someone elses even trading the same rules. You will tweak the rules to fit your experience and personality... we all do. My best advice is to....

[font=Comic Sans MS][size=3][color=#0000ff]Study the 4 hour charts you plan on trading... no more than two. Use the TDI & Stoch as usual. I use the 21 EMA/Shift 3 on my charts. Study back 3-6 months and pay close attention to how the signals look...
Hello.. Do you know how I can get into the 4H skype room?
Thanks for any help.
Without vision, the people will perish.
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