Craig Harris Stochastics Method

OK Gang... When you post charts make it EASY TO SEE where you entered the trade and EXACTLY where you exited "on the chart" if you want comments/help. Use bright colors, arrows, etc. No pdf's please.

If your trading the 5 minute chart move up to the 15 minute for trades. Lower timeframes are harder to trade, more radical moves and a lot of head fakes to fool you into entering a bad trade.

Try these modifications: Enter trades when green crosses red (not just touching but crossing), use the last hi/lo for your S/L. If your monitoring the trade exit when you have enough pips... I use an exit when the TDI goes flat, starts to hook over or a check mark reversal.

John,

Just look at the time frame below the chart you plan on trading. Just don't enter on a pullback on that chart. Otherwise you sound good to go. Congrats on your pips.

Big E - am looking at GU H4 chart. G > R on prior candle BUT current candle has not closed above 5ema. Do you wait for candle to close above 5ema or just that it moves onto it? Looking down at H1, price clearly in a retrace upwards from strong downtrend. Waiting for this retrace to stop, then enter short with SL at the top of the upward retrace - whereever that might be. Comments on my analysis?

Snarly-J...

If you want personal help email me your phone number and I'll call on the weekend. Make sure you have a FXDD Demo acct downloaded too so we can go over charts... Where are you in Montana?

Big E

Susan... the indicators you needed:

atate... Your in consolidation, TDI is flat (exit sign) and Stochs is hooked over.... I would have exited some time ago.

Fabius,

Get off the 5 min. charts... 15m minimum. Mark your charts clearly entries and exits for help.

Rustynail.... Please put all info/comments on the same page you post the chart. Too hard to go back & forth. Appreciate it... thanks.

John - post 4043.

Sit on the sidelines right now... your in consolidation. TDI is not impressive on your chart at this time...

This 4h chart looks pretty good... I'm sure it will go up a little from here but look at the Daily charts... getting ready to go short pretty soon I think. Look at the white line on the TDI... current PA is there... things to consider... Stochs worthless, TDI going flat....

Thank you for your reply, Big E, I'll surely do like you suggest: infact I found trading on M5 chart a bit frantic...
I hope I made this chart clearer; thank you for any suggests you may give.
Best
Fabius

G/U Daily... P/A Stopped, Stoch is worthless, TDI is going flat for a possible reversal...

G/U 4hr... PA dead in consolidation, Stochs go short, TDI goes long... Stay Out right now.

Fabius,

On trade 1 & 3 enter 1 candle earlier (when green crosses red). Your getting the hang of it...

Remember... Your the White Dog and the market is the other... Believe you are smarter than the market... you refuse defeat...

Thanks a lot Big E .

I am really thinking about moving to H1 chart but I am not sure about the entry since if you behave like on M5 and M15 there is the risk to lose a big part of the movement.
I mean: when you take a trade on H1, quite often it's not clear if it is the beginning of a new trend, so it would be enough to see if PA crosses 5ema and the green line crosses the red one, but sometimes it suddenly changes its direction soon after the entry, so would you suggest to wait for PA to cross 5ema and 21ema as well? Or any other hints?

I am between taking the trade as soon as it shows itself but with more risk or waiting for a more conservative entry with the risk to lose most part of it and taking it when it's almost over...
Cheers
Fabius

Hi Fabius, I've been looking for an indicator that you seem to have that places a buy or sell entry icon like the ones EA's use. On the examples you posted I see them. Would really appeciate the name of that indicator. Thanks

Eelfranz,

I sent you a private message for your help on stops and take profit
on the 4 hour chart.

Thanks

snarlyjack

TDI Video...

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