Craig Harris Stochastics Method | Page 121 | Forex Factory

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Craig Harris Stochastics Method

  • #2,401
  • Aug 29, 2010 10:09pm Aug 29, 2010 10:09pm
Quoting eelfranz
[font=Comic Sans MS][size=3][color=blue]Announcement........
Big E and family; Reading back in the thread there was some issues months ago also. I sincerely hope this is not serious/a continuation of some related issue. Please accept my ernest wish for a speedy recovery.
Thanks again for starting this thread and all your efforts!

NeoRio, thank you for taking the lead to keep the thread going.
Andy K
  • #2,402
  • Aug 30, 2010 7:15am Aug 30, 2010 7:15am
Quoting normanauf
Quoting nhct
Here are some ideas for you to consider.

1. Don't take CH trades on M15 after the European / Frankfurt open and before the LO, 5-7 GMT. That's a prime time for range trading and scalping, not trend trading. There are very few M15 swings developing during that time. Would you enjoy taking a leisurely stroll on a sunny day in a firing range?...


what time is this compared to mt. time?
thank you
MT (Mountain Time) is currently MDT (Mountain Daylight Time) and is GMT-6. So, 5-7 GMT = 1-3 EDT = 23-1 MDT.

Unless you happen to be in, say, DST-disregarding Arizona... that would be GMT-7... then 5-7 GMT = 22-12 MST.

You'll want to find a way to keep track of when LO (London Open) occurs in your local time, since that time is so critical in forex trading in general, and this method in particular. Note that your local LO time will vary 4 times a year by +/- 1 hour within a 2-hour range, based on DST switching on and off in London and in your location.

Some useful free tools:

The Personal World Clock or simply use the main, generic version there. Especially helpful around those pesky twice-a-year DST changes, March-April and October-November.

Qlock

Been using it for 6+ years. The free version is customizable and works great. There are many other similar apps (see, e.g., download.cnet.com)... pick one, based on form and function.
  • #2,403
  • Aug 30, 2010 4:45pm Aug 30, 2010 4:45pm
To Everyone... Thank you for the kind words and prayers. Big E
  • #2,404
  • Aug 31, 2010 12:01pm Aug 31, 2010 12:01pm
it's really nice to be able to ask questions and get answers...there is so much to learn...
am still trying to figure out if its possible for me to make money at this.
can anyone answer that question, every day my thoughts on it seem to change.
setups look great...only after taking the trade do its flaws appear...paper trading helps with that.

Qlock
nice clock....will get a lot of use as i try to get a hand on this confusing time thing.
trying to find the times that work for me. today i started at 5:30 mdt.
  • #2,405
  • Aug 31, 2010 2:33pm Aug 31, 2010 2:33pm
Quoting normanauf
it's really nice to be able to ask questions and get answers...there is so much to learn...
am still trying to figure out if its possible for me to make money at...
Will this help with the market time?
http://www.forexmarkethours.com/GMT_hours/02/
  • #2,406
  • Sep 1, 2010 1:16am Sep 1, 2010 1:16am
Hi Lenny, can you please add me to the Skype room? I am banditsatthreeoclock, thanks
  • #2,407
  • Sep 1, 2010 3:25am Sep 1, 2010 3:25am
Quoting carlen68
I gained that with only the 23.6% trades.

I did not take any trades today.
Could you please explain how to draw a Fibonacci line on the chart or do you have a Fibonacci indicator?

Thanks.
Kulvadee
  • #2,408
  • Sep 1, 2010 5:44am Sep 1, 2010 5:44am
Quoting kulvadee
Could you please explain how to draw a Fibonacci line on the chart or do you have a Fibonacci indicator?

Thanks.
Kulvadee
Kul, if you are new to using Fibs, please read this class at BabyPips http://www.babypips.com/school/fibonacci_who.html

Regards
Sentiment: Short on cash. Long on hope.
  • #2,409
  • Sep 1, 2010 5:47am Sep 1, 2010 5:47am
Quoting normanauf
am still trying to figure out if its possible for me to make money at this.
can anyone answer that question, every day my thoughts on it seem to change.
That's the question, isn't it? I've "made money" month after month, only to have bad months wipe out most of my profits. I've had 45+ day runs where I did not have a single losing day...and then a slew of losing days in a row just devastate me. Trading is harder than it seems and staying alive (not blowing your account) is nothing to take lightly. Is it for everyone?--I don't think so. Can it be learned?--I do think so.

Trading profitably is not so much about what system you trade, it's more about things like knowing when *not* to trade. Knowing when to call it quits when you're down a certain amount. It's about using discipline to stick to your rules, etc, etc.
Sentiment: Short on cash. Long on hope.
  • #2,410
  • Sep 1, 2010 6:25am Sep 1, 2010 6:25am
Quoting normanauf
it's really nice to be able to ask questions and get answers...there is so much to learn...
am still trying to figure out if its possible for me to make money at...
hello all I find this link handy for finding the actual market opens and closes,
. http://forex.timezoneconverter.com/index.cgi
am a lurker but find the thread informative ..thanks to all contributions past and present
  • #2,411
  • Sep 1, 2010 11:05am Sep 1, 2010 11:05am
Quoting NeoRio
That's the question, isn't it? I've "made money" month after month, only to have bad months wipe out most of my profits. I've had 45+ day runs where I did not have a single losing day...and then a slew of losing days in a row just devastate me. Trading is harder than it seems and staying alive (not blowing your account) is nothing to take lightly. Is it for everyone?--I don't think so. Can it be learned?--I do think so.

Trading profitably is not so much about what system you trade, it's more about things like knowing when *not* to trade. Knowing...
I run through the same problem when I run 30+ days without loss and when I lose that one day its big I forget all my risk management at that point I guess most of us could be facing this same problem unless you have set a good risk management and follow it all the time. I guess you can't avoid the loss when you get to the choppy market you have to give back some of your profits to the market at that point, if you cut the lose during the choppy days you can keep a consistent wining. This also could be lot to do with over confident when we have many days of winning and when it’s time to lose we forget all the money management we set when we lost at last time.

I am working on a risk management with deferent risk levels, based on win and lose risk changes. I will start testing from next week if it works after few weeks of testing I will post it here.
  • #2,412
  • Sep 1, 2010 5:30pm Sep 1, 2010 5:30pm
Quoting bigjim1958
Hi Neo:
Thanks for the stoch indicator, it helps a lot, I had trouble actually figuring out the right angle to enter. I'm enclosing an indicator that helps me, especially in the wee hours of the morning. It's gives an audio alert when a fractal is formed, helps you get a nap if you want.

I was also hoping to get some feedback on when people are trading. Is everyone waiting for LO, 3AM est, or are you using other times and having success. Thanks for a great thread
I am going to try the sFractals indicator and would like to know what is your setup for entry and exit if you don't mind. Do you enter every times you get an alert? Do you use 15min Timeframe only?

Thanks very much.
Kulvadee
  • #2,413
  • Sep 1, 2010 5:35pm Sep 1, 2010 5:35pm
Quoting NeoRio
Kul, if you are new to using Fibs, please read this class at BabyPips http://www.babypips.com/school/fibonacci_who.html

Regards
Thanks, Neo.

I followed this thread for a while and this moment only reading to page 111 and just realised when I posted something it took me to the last page and just saw your message. Thanks again for sharing.
  • #2,414
  • Sep 1, 2010 6:21pm Sep 1, 2010 6:21pm
Quoting NeoRio
Sorry to hear of your trouble...here is the zip bundle again to help make it easy...
Neo,

I found the indicator called " Super Signal V3f" on the forex factory thread called Super Simple system as the link below.

I dont know how to attach the file to this post. I think you may want to have a look and may worth to share with everybody here.
http://www.forexfactory.com/showthre...118843&page=13

http://cdn.forexfactory.com/images/attach/mq4.gifSuper Signal v3f.mq4
Best regards
Kulvadee
  • #2,415
  • Sep 1, 2010 10:46pm Sep 1, 2010 10:46pm
Quoting eelfranz
Novice... I sent you an email thru FF. Let me know if you got it.

Todays Trade. E/U, 4 H chart, Short, 2 lots. Entered Short at 6:46 AM at 1.2933 and exited at 5:15 PM at 1.2770. TDI green crossing down over red and Stochastics heading down. Made me smile again!
Hi BigE

I am following your thread and enjoy it. Everyone are very helpful each other. I learn new things each day here.

1. I would like to trade a bigger timeframe, which timeframe would you recommend and do I need to trade only after London Open session for bigger timeframe? I live in Australia.
2. If you don't mind and when you have time, could you please explain in details step by step of the method and trading plan what I need to look for for the entry and exit and how do you set the order? Do you have any alert for you to come to look at the chart? What is your process or routine to look for a trade?
3. I managed to download the Heiken Ashi candle from somewhere but I do not know if it will be the same setting you use. Also when I apply to the chart, the normal candles are still there and look messy.
4. How do you set your chart template, other than HA candles, TDI, Stochastic, do you have any other indicators on your chart?
5. It would be great if you could produce your trading style in the manual with chart examples to know exactly what you teach especially English is my second language, to see a picture can tell more than 1,000 words. I read from the thread that you have a health problem so it might take too much time for you to do this and I understand that too. Anyway I will keep follow your advice here.

Looking forward to learning from you and sorry if my English is difficult to understand.

Kind regards
Kulvadee
  • #2,416
  • Sep 2, 2010 3:46am Sep 2, 2010 3:46am
Quoting NeoRio
Hi folks,

Here's the new template which includes the latest version of the Dashbaord and other custom indicators. Sorry for the delay in getting this out to you. I hope you will enjoy this template as well as the superb indicators made by our own dear Xaphod.

You may have noticed the new name for this template. As updates and new additions are added to the template, we'll do our best to release updated versions. To help explain the usage and purpose of the template and its indicators as well as how to properly adjust your time zone settings;...
Hi Neo

The videos has been removed, any chance I can watch?

Thanks
Kulvadee
  • #2,417
  • Sep 2, 2010 4:19am Sep 2, 2010 4:19am
Quoting kulvadee
Hi Neo

The videos has been removed, any chance I can watch?

Thanks
Kulvadee
I'm afraid the video has been removed. If you are not familiar with why, please scroll back about 5 pages (or so) of this thread to "read all about it"

Best Regards
Sentiment: Short on cash. Long on hope.
  • #2,418
  • Sep 2, 2010 4:24am Sep 2, 2010 4:24am
Quoting NeoRio
Thanks for your kind words, Jim. I have apologized to CH and removed the youtube videos. He wrote me back and accepted my apology. I have respect and appreciation for him and for his teaching...the last thing I would want to do is to offend him or hamper his business. I'll leave the semantics of whether or not to close this thread down for Big E and CH to discuss and figure out themselves, as I did not start this thread.

IBs and OBs. Good question. There are many systems that are built around IBs (I haven't seen systems built around OBs as much...
Sorry Neo, I did not know you had a problem with CH about tutorial videos but I still want to Thanks for your generosity to share with us even I have no chance to watch.

Best regards.
  • #2,419
  • Sep 2, 2010 6:50am Sep 2, 2010 6:50am
Quoting NeoRio
Hi Jai. I don't think anybody can post any of Craig Harris' videos on youtube...but the good news is that all of his webinars are recorded (I believe by CompassFX)...and there are links to watch them.

I'll try to get them organized for you and post them all together. I'll also give you the link for all the CH videos which you should watch thoroughly.

Kind Regards
Can I have the link as well, please? And thanks so much for the PM.

Kind regards
  • #2,420
  • Sep 2, 2010 7:01am Sep 2, 2010 7:01am
Quoting NeoRio
Thanks for posting the links, Xaphod...I forgot to answer that one.

Jai, If you want all the videos organized on a single page, here's the main one:
CH's Training Videos

Regards,
NeoRio
Thanks you to Neo and Xaphod for the links.
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