Craig Harris Stochastics Method | Page 174 | Forex Factory

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Craig Harris Stochastics Method

  • #3,461
  • Feb 14, 2011 4:44am Feb 14, 2011 4:44am
I took 1/3 out at +10, another 1/3 at +5 when it looked to be reversing, letting 1/3 run.

If I can get a big runner on 1 or 2 of 10, and this system actually has an 80%+ success rate, should be fine setup.

http://i52.tinypic.com/2myaefr.jpg

if 3450 holds, we should get at least a 50 pip release to the up side (target 00-25)
  • #3,462
  • Feb 14, 2011 4:44am Feb 14, 2011 4:44am
Quoting FOURX
I dont do demo trading, its close to useless..........but it always tickles me when people are prepared to post methods,but not in realtime.........oh! its not a signal sevice,same old response
If you are not here to learn a trading method and you dont have anything constructive to add to this thread, why are you here? Why not go spew your bile elsewhere? Off you go to the Ignore list.
  • #3,463
  • Feb 14, 2011 5:24am Feb 14, 2011 5:24am
Guys,

Check on EURUSD daily chat, looks like it will go all the way down. Now is good to open trade at 1.3470.

Next is GBPUSD, daily waiting for PA break below MA and green line cross 50.
  • #3,464
  • Feb 14, 2011 8:13am Feb 14, 2011 8:13am
Quoting Android38
Guys,

Check on EURUSD daily chat, looks like it will go all the way down. Now is good to open trade at 1.3470.

Next is GBPUSD, daily waiting for PA break below MA and green line cross 50.

Nice call. H4 now rejectin 50 level as support. Im still bias for a retrace to 00+
  • #3,465
  • Feb 14, 2011 8:51am Feb 14, 2011 8:51am
Quoting eelfranz
Novice198...

Just look at the charts I've posted over the last 15 pages... If your not inspired by now with all the info & charts I've shared...

Then obviously it doesn't fit you. Keep searching for a system that fit's your needs.
...
Big E,

Peace my friend Peace, I am very certain that you are making money, all that I am looking for is what goes in your mind when you enter a trade as all trades that you take have some differences with each other. For you trading this method is being done subconsciously as you have mastered it. I fully agree that this is a probability biz, where if we keep our losers small we will end up in profit over a longer time frame.
As Neo suggested, is there any chance of you making a video realtime while Trading.
BTW I don't intend to give up this method, may be it will take me longer than others to master it.
Cheers
Novice198
  • #3,466
  • Feb 14, 2011 9:15am Feb 14, 2011 9:15am
novice, I think that Big E has been trying to get across the simplicity of this system IF YOU FOLLOW the rules. I have been trying to get a handle on it for weeks, but when I went back through my trades, I had missed one rule or another in almost every trade that I lost on. I wrote the rules down and I use the check off before any trade, and I got back on track. Today is plus 4.7% account growth including 2 SMALL losses - one because I had to leave the computer. The point is, I am just getting to the point where I can see the light at the end of the tunnel, I am no where near Big E's level, but I think I have turned the corner.

It is a very simple system when you get down to it, you just have to follow the rules. It was not a simple system for me, but mostly because I insisted on complicating it. What I am trying to get across is you need to step back and make sure that you are following the simple rules and not seeing a trade that is not there. Believe me, I am a champion at seeing trades that are just not there!

I don't mean to drone on, but it really is simple and it really does work. Just my 2 cents worth, and we all know what that is worth.
Read the entire thread BEFORE you ask questions!
  • #3,467
  • Feb 14, 2011 10:39am Feb 14, 2011 10:39am
Johnami - Which rule was it that you kept overlooking? if you don't mind sharing? We all seem to make the same mistakes, better if I can get ahead of the one you made and remain mechanical. Many times we make mistakes not knowing they are mistakes b/c we are too close to recognize it's a mistake.

Big E - thanks for the tip on the page/post numbers 169,170,171 & 202 were extremely helpful in summarizing.

Thanks everyone - keep up the good work. When I take trades I will try to take Before and After shots of the screen as I usually do anyway for my trade review process.
  • #3,468
  • Feb 14, 2011 10:52am Feb 14, 2011 10:52am
I have to admit that I was/am an equal opportunity "overlooker". Most of my problem came from ignoring the TDI or Stoch direction or angle, but I also had a bad habit of entering too late.


Quoting FX-Trader
Johnami - Which rule was it that you kept overlooking? if you don't mind sharing? We all seem to make the same mistakes, better if I can get ahead of the one you made and remain mechanical. Many times we make mistakes not knowing they are mistakes b/c we are too close to recognize it's a mistake.

Big E - thanks for the tip on the page/post numbers 169,170,171 & 202 were extremely helpful in summarizing.

Thanks everyone - keep up the good work. When I take trades I will try to take Before and After shots of the screen as I...
Read the entire thread BEFORE you ask questions!
  • #3,469
  • Feb 14, 2011 11:32am Feb 14, 2011 11:32am
Due to having less time to trade I have been looking at Daily charts for using the 5ema method. Entered this trade at 22.10 GMT on 13 Feb, I have set a 75 pip SL and a 150 pip TP because I can't always monitor the trade because of work commitments. As you can see from the chart there where a number of previous profitable trades.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade For 14th Feb 11 2.jpg Size: 92 KB
  • #3,470
  • Feb 14, 2011 1:23pm Feb 14, 2011 1:23pm
Quoting NeoRio
Good points, Big E....
Good post. Also, never ever ever think in 1 or 2 trade blocks of trades. ALWAYS go for 20-30 trade intervals before assuming your a success or failure. Then start again. Its doing wonders for me. Read Trading in the zone again. I know for noobs this post means nothing as we are all trying to make a million in the next 1 or 2 trades. . Carry on then. Only those who can lose will Win.
  • #3,471
  • Feb 14, 2011 2:13pm Feb 14, 2011 2:13pm
Quoting Bill
Sorry about the upload spreadsheet but the file is too large for this forum. I'll see if I can get you a link.
Did you have any luck posting the spreadsheet some place? Mediafire might be a good one to try.

I think people seeing what potential this has can have a good affect... 2% compounded daily! Nice pile of cash in just one month depending on your account size you start with.

Thanks Bill!
Could it be Man is trying to be something without knowing they're complete?
  • #3,472
  • Feb 14, 2011 2:28pm Feb 14, 2011 2:28pm
Here you go! This is a fantastic tool and will show you what you can do with a little money if you DON'T GET GREEDY!!!
Enjoy
http://www.4shared.com/document/Jytm...ojections.html
  • #3,473
  • Feb 14, 2011 2:45pm Feb 14, 2011 2:45pm
Quoting Bill
Here you go! This is a fantastic tool and will show you what you can do with a little money if you DON'T GET GREEDY!!!
Enjoy
http://www.4shared.com/document/Jytm...ojections.html
Hi Bill! I can't see the file attached! Can you post PDF version, please!

Thanks
Vahagn
  • #3,474
  • Feb 14, 2011 3:22pm Feb 14, 2011 3:22pm
This is an interesting thread. Perhaps they are all the same. I have never seen a guy work so hard to help people and take so much flack for it in return. Big e has worked his tail off posting charts, answering questions and doing private consultations for FREE!! Some of you guys need to take a breath, go look at some charts YOURSELVES, and then come back with some intelligent questions. Come on...be adults. Not only has big e helped us, but several others a s well.

For me I want to THANK YOU ALL FROM THE BOTTOM OF MY HEART! You have shown me things that I have never seen before. Blessings to you all.
  • #3,475
  • Feb 14, 2011 3:31pm Feb 14, 2011 3:31pm
Quoting Vanaris
Hi Bill! I can't see the file attached! Can you post PDF version, please!

Thanks
Vahagn
Thanks Bill! Here is Zip file also.
Attached File(s)
File Type: zip tradingprojections.zip   781 KB | 1,321 downloads
Could it be Man is trying to be something without knowing they're complete?
  • #3,476
  • Feb 14, 2011 3:58pm Feb 14, 2011 3:58pm
AMEN!

Quoting milicentfx
I have never seen a guy work so hard to help people and take so much flack for it in return. Big e has worked his tail off posting charts, answering questions and doing private consultations for FREE!! Some of you guys need to take a breath, go look at some charts YOURSELVES, and then come back with some intelligent questions. Come on...be adults. Not only has big e helped us, but several others a s well.

For me I want to THANK YOU ALL FROM THE BOTTOM OF MY HEART! You have shown me things that I have never seen before. Blessings to you all.
Read the entire thread BEFORE you ask questions!
  • #3,477
  • Feb 14, 2011 4:26pm Feb 14, 2011 4:26pm
TDI info:

Green over/under red. Excellent vid to show when and when not to enter.


http://www.compassfx.com/video/flash/42309/42309.html
  • #3,478
  • Feb 14, 2011 4:43pm Feb 14, 2011 4:43pm
Quoting Numb3rs
Thanks Bill! Here is Zip file also.

Thanks

Vahagn
  • #3,479
  • Feb 14, 2011 5:22pm Feb 14, 2011 5:22pm
Just entered this trade using daily charts on EJ. Set SL at 75 pips and TP at 150 pips. TDI and Stochs in agreement.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade For 14th Feb 11 (3).jpg Size: 113 KB
  • #3,480
  • Edited 10:54pm Feb 14, 2011 6:42pm | Edited 10:54pm
Quoting stevepatt
Just entered this trade using daily charts on EJ. Set SL at 75 pips and TP at 150 pips. TDI and Stochs in agreement.
I've got the other side of your trade! This is the H1 chart btw......Entry at 112.40....SL 112.20.......TP 113.40

Edit: Trade closed at -4. Reason: Stoch turned down and PA below daily pivot

Edit 2: I might have closed this one a bit early, but the rules are the rules!! I can re-enter later if it looks good.

Edit 3: This would have been a good trade so far....I just can't watch the PA at the moment because I'm busy. Have to revisit this trade after the Frankie hour
Attached Image
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