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Craig Harris Stochastics Method

  • #2,521
  • Sep 25, 2010 1:38pm Sep 25, 2010 1:38pm
Kulvadee....

21 ema shift 3, 233 ema shift 5. Both are fib numbers....

On the TDI I wait for the cross otherwise it may just be a bounce only.

I always use HA Candles because they average out the bars and visually runs smoother as I look at my chart. I'm less apt to jump in and out of trades so often while it's in progress. On a 15 minute chart I expect a candle run of 3-8 bars normally with HA candles.

Big E
  • #2,522
  • Sep 26, 2010 8:22am Sep 26, 2010 8:22am
Quoting eelfranz
Kulvadee....

21 ema shift 3, 233 ema shift 5. Both are fib numbers....

On the TDI I wait for the cross otherwise it may just be a bounce only.

[font=Comic Sans MS][size=3][color=#0000ff]I always use HA Candles because they average out the bars and visually runs smoother as I look at my chart. I'm less apt to jump in and out of trades so often while it's...
Thanks, Big E

* 21 EMA and 233 EMA, what do you apply to, close or open or high or etc?
* Do you use these same settings of 21EMA and 233 EMA to 5 min, 15 min, 1hr and 4 hr charts?
* Any other moving average you use than 21 and 233?
* How do you analyse the charts with these 21 and 233 EMA? What is your strategy?
* Do you trade 5 min timeframe? if yes, how many bars do you expect the candle to run?
* Do you have any specific pairs to trade at different time frame?
* Do you use Big Number with other time frame than 15 min chart?

Yes, I agreed in using HA candles, it helps my phychology a lot to stay in the trade.

Best regards
Kulvadee
  • #2,523
  • Oct 4, 2010 1:53pm Oct 4, 2010 1:53pm
Kulvadee... Answered by PM......
  • #2,524
  • Oct 4, 2010 4:12pm Oct 4, 2010 4:12pm
Answered by P.M.... Big E
  • #2,525
  • Oct 4, 2010 4:25pm Oct 4, 2010 4:25pm
A.M. Trade
Attached Image (click to enlarge)
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  • #2,526
  • Oct 4, 2010 7:26pm Oct 4, 2010 7:26pm
Quoting eelfranz
A.M. Trade
Nice one, Big E. Boy, you sure know how to read your TDI. It's pretty much a cross of the green and red lines, right? SS is a nice confirmation. The time of day, the range of the day, etc, etc...do they play a role for you? Is that the 20 MA?

Best Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #2,527
  • Oct 5, 2010 2:38am Oct 5, 2010 2:38am
Quoting eelfranz
A.M. Trade
Very nice setup, Big E.

I noticed on the chart, there's a big move earlier with long 10 green HA candles, how would you manage profit target on this move because TDI green crossed red a little bit with SS crossed at around the 6th candle but the trade still moved on.
I guessed we probably had to exit earlier because we did not know what was going to happen next if we stricted to the rules that TDI cross with confirmation of SS and the move 5-8 candles.

@Neo, I think Big E used 21 EMA on the chart.

Kind regards,
  • #2,528
  • Oct 5, 2010 4:17am Oct 5, 2010 4:17am
Quoting kulvadee
@Neo, I think Big E used 21 EMA on the chart.
Thank you
Sentiment: Short on cash. Long on hope.
  • #2,529
  • Oct 5, 2010 9:10am Oct 5, 2010 9:10am
Quoting eelfranz
Answered by P.M.... Big E
Can you send me this too A P-Mail about the TDI or the one you just P-mailed to the other guy.. I only trade a 4H chart and it seems like alot of the time the TDI is LATE. Not always but can be. Thoughts?
Thanks
Dawna
Without vision, the people will perish.
  • #2,530
  • Edited 10:02am Oct 5, 2010 9:12am | Edited 10:02am
Hey Guys,

The moving average is the 21 ema, Shift 3, Typical. When the first HA candle breaks the line and closes ... it's my set up candle. If candle #2 is the same color it's an entry candle. I check the TDI for it's cross and Stoch for proper confirmation before entering.

There are lots of good trades I miss because I'd rather sleep in the early A.M. . I use this on all timeframes. Once I confirm the Stoch signal I only follow the TDI because the Stochs will get burried as in the above trade. I wait for PA to cross back over the 21 orTDI to cross before exiting the trade. It's really quite simple but it works over and over. I have used the HA candles for years and can tell when a reversal is coming in most cases.

Please start posting your charts more often. It helps everyone here.

Big E
  • #2,531
  • Oct 5, 2010 9:26am Oct 5, 2010 9:26am
Hi Big E.
Ok, I will review.. Are you only doing this with the trend? if so do you have a way to tell the overall trend of a 4h chart?
Thanks again for all your help. Best, Dawna
Quoting eelfranz
Hey Guys,

The moving average is the 21 ema, Shift 3, Typical. When the first HA candle breaks the line and closes ... it's my set up candle. If candle #2 is the same color it's an entry candle. I check the TDI for it's cross and Stoch for proper confirmation before entering.

[font=Comic Sans MS][size=3][color=#0000ff]There are lots of good trades I miss because I'd rather sleep in the early A.M. . I use this on all timeframes....
Without vision, the people will perish.
  • #2,532
  • Oct 5, 2010 10:04am Oct 5, 2010 10:04am
bythepound...

Answered via P.M.
  • #2,533
  • Oct 5, 2010 11:28am Oct 5, 2010 11:28am
sent you P-Mail too..
Quoting eelfranz
bythepound...

Answered via P.M.
Without vision, the people will perish.
  • #2,534
  • Oct 6, 2010 6:01am Oct 6, 2010 6:01am
what is PM?
  • #2,535
  • Oct 6, 2010 8:36am Oct 6, 2010 8:36am
private messages.

See upper left of page under Forum Links...
Hej.
  • #2,536
  • Oct 6, 2010 7:14pm Oct 6, 2010 7:14pm
New Chart
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  • #2,537
  • Oct 6, 2010 8:17pm Oct 6, 2010 8:17pm
Quoting eelfranz
New Chart
Nice one, Big E. I must admit, I don't trade off the M5 TF that much.

Best Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #2,538
  • Edited 10:44pm Oct 6, 2010 10:32pm | Edited 10:44pm
Quoting eelfranz
New Chart
Hi Big E,

Would you mind posting your current template or refer me to the page that your template was posted? This thread is kind of hefty

Thanks,

Cindy

Edit: I created it on my own with MT4 indicators so never mind.
  • #2,539
  • Oct 7, 2010 3:04am Oct 7, 2010 3:04am
I entered a little early, not wait until TDI crossed yet and exited too early at Fib R1 because I had to cook dinner so I set target profit this level and stop loss at last swing low.
BigE, this is my first trade that I followed your setup.
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  • #2,540
  • Oct 7, 2010 3:09am Oct 7, 2010 3:09am
Quoting eelfranz
New Chart
Big E, I noticed both re-entried , they had not bounced from 21 EMA, can you please explain?
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