Craig Harris Stochastics Method | Page 221 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Stochastics Settings 12 replies

bo7a method... method for GBP/JPY 205 replies

Stochastics 3 replies

Math question: equating hourly stochastics/rsi with daily 3 replies

Slow Stochastics Indicator 1 reply

Attachments: Craig Harris Stochastics Method
Exit Attachments

Craig Harris Stochastics Method

  • #4,401
  • Apr 22, 2011 6:41pm Apr 22, 2011 6:41pm
2scoops asked:

Am I right in saying you advise setting your SL a few pips above/below the high or low of the previous swing. Yes on the lower time frames (5min-1hr) otherwise on the 4hr IF I USE ONE which I don't normally do I would put it above/below the last candle. That's not a rule _ just my preferance.

Monitor the trade on the formation of each 4HR candle, if there is any "hook/flattening" of the TDI strongly consider exiting. Yes

If you cannot monitor each 4HR candle move your SL up to BE... Yes...and set a 50 pip TSL. Humm... I don't personally use Take Profit levels to shoot for but that sounds reasonable...
  • #4,402
  • Apr 22, 2011 6:42pm Apr 22, 2011 6:42pm
Quoting eelfranz
NeoRio,

Last time I was over at my brokers gift shop I picked you up three gifts...
Oh wow, thanks! I haven't been around for a while, so I didn't see these "gifts" you gave me...very nice. I don't drink Budweiser, but I can certainly make an exception in this case!

Happy Easter!

...and congratulations on the thread, looks very much alive and well.

God bless,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #4,403
  • Apr 22, 2011 6:50pm Apr 22, 2011 6:50pm
I know your all totally dedicated to fx research... Has anyone noticed on a 4hr chart... candles made as small as you can that it tends to cycle every 8-12 weeks with previous PA levels being re-visited? Found this while looking at the E/U chart. Put your crosshair on it and check it out...

What's that mean? Look for areas of major turns and look at those previous areas as targets $$$$$$$$$$$$$$$$$
  • #4,404
  • Apr 22, 2011 6:55pm Apr 22, 2011 6:55pm
Have a good weekend everyone...
  • #4,405
  • Apr 22, 2011 7:51pm Apr 22, 2011 7:51pm
This is an excellent point, Eric...thanks for the reminder...
Cliff

Quoting eelfranz
I know your all totally dedicated to fx research... Has anyone noticed on a 4hr chart... candles made as small as you can that it tends to cycle every 8-12 weeks with previous PA levels being re-visited? Found this while looking at the E/U chart. Put your crosshair on it and check it out...

What's that mean? Look for areas of major turns and look at those previous areas as targets $$$$$$$$$$$$$$$$$
I get exercise just pushing my luck
  • #4,406
  • Apr 22, 2011 11:05pm Apr 22, 2011 11:05pm
See You all Monday!
Attached Images
Could it be Man is trying to be something without knowing they're complete?
  • #4,407
  • Apr 23, 2011 11:14am Apr 23, 2011 11:14am
Quoting eelfranz
All give me a good laugh and bring a smile to my face... thanks everyone... I appreciate it.

One of the reasons I haven't opened the new thread is because it's a hell of a lot of work on my end... researching, posting, training and in my medical state I'm wondering if I can handle that much... Trust me when I say I'm not looking for FF Glory. Feedback please...
Hey E,

I’ll pitch in! Review charts; offer points of view, whatever to assists the Easy-5-Method (E5M). I know no one has more knowledge than you but I’ll lend a hand if the master needs help.

I know starting/running a thread here on FF is a job in itself especially when you get hammered with a lot of questions, redundant questions, people with attitudes, skeptics, and whatever else comes your way.

I don’t blame you for not wanting to start from square one with a new thread for the E5M. And for a Skype room too, wow! Even someone with all the time in the world would be hard pressed to keep those two balls up in the air at the same time and have a life outside of trading; it can be daunting not to mention exhausting!

JD
It's Easy To Get In;.. It's Hard To Get Out
  • #4,408
  • Apr 23, 2011 11:41am Apr 23, 2011 11:41am
Quoting FolsomBob
Well, if we're going for acronyms, then I'll stand by THE 'A'SSIMILATED 'T'DI 'M'ETHOD as in ATM machine
I like it!
  • #4,409
  • Edited 2:16pm Apr 23, 2011 11:45am | Edited 2:16pm
Big E:

I am still on demo, and have only taken 6 trades with the method, but I will help, where I can.
  • #4,410
  • Apr 23, 2011 12:45pm Apr 23, 2011 12:45pm
Big E, I am in too !
  • #4,411
  • Apr 23, 2011 3:12pm Apr 23, 2011 3:12pm
Cartoons got a chuckle out of me... especially Granny... thanks...
  • #4,412
  • Apr 23, 2011 3:46pm Apr 23, 2011 3:46pm
Happy Easter to all who celebrate! Enjoy your chocolate bunnies....
  • #4,413
  • Apr 23, 2011 3:53pm Apr 23, 2011 3:53pm
I just strolled over to the "Traders Systems" area and looked at a half a dozen different systems... it's scary to say the least...

Dozens of rules
Many Indicators
more & more

Feel blessed that you found an easy straight forward system with few rules and fewer indicators... that makes money on all time frames...

Blew me away folks.... gotta love the 5 method and it's simplicity...
  • #4,414
  • Apr 23, 2011 3:59pm Apr 23, 2011 3:59pm
That's funny, Eric...I was just checking the different systems out there...really does feel good to have such a straight forward easy to implement system like the 5 Method...
Thanks much...
Cliff

Quoting eelfranz
I just strolled over to the "Traders Systems" area and looked at a half a dozen different systems... it's scary to say the least...

Dozens of rules
Many Indicators
more & more

[font=Comic Sans MS][size=3][color=#0000ff]Feel blessed that you found an easy straight forward system with few rules...
I get exercise just pushing my luck
  • #4,415
  • Apr 23, 2011 9:31pm Apr 23, 2011 9:31pm
  •  sam21
  • | Joined Aug 2010 | Status: Soon to be employed by the market | 125 Posts
Ok guys i have been reading here very interesting names.. How about The stress free trading method
  • #4,416
  • Apr 24, 2011 9:27pm Apr 24, 2011 9:27pm
Eelfranz,

FYI

I received a email from Dean Malone at Compassfx. It seems he
is offering a 3day mentoring workshop with a new updated TDI.

I watched the promo video but he didn't get into a lot of detail
about it but he does have 6 or 7 different strategies using the
TDI. I have no idea what it cost to join the mentoring of the TDI
but it did seem interesting.

Tks

snarlyjack
  • #4,417
  • Apr 24, 2011 9:56pm Apr 24, 2011 9:56pm
Dean's webinar will cost $397...it starts tomorrow, Monday...
It includes the new TDI as a bonus before it goes on sale to the public...
Not sure how it differs...
Eric's work here seems to have taken the best of the TDI to it's outerlimits...
Good trades...
Cliff


Quoting snarlyjack
Eelfranz,

FYI

I received a email from Dean Malone at Compassfx. It seems he
is offering a 3day mentoring workshop with a new updated TDI.

I watched the promo video but he didn't get into a lot of detail
about it but he does have 6 or 7 different strategies using the
TDI. I have no idea what it cost to join the mentoring of the TDI
but it did seem interesting.

Tks

snarlyjack
I get exercise just pushing my luck
  • #4,418
  • Apr 24, 2011 10:21pm Apr 24, 2011 10:21pm
I feel very confident in saying that Dean's seminar is not needed to anyone involved with this thread. Susan
  • #4,419
  • Apr 25, 2011 12:50am Apr 25, 2011 12:50am
Hi Everyone, this is a practice chart using MT4.
Hope it's readable...
Attached Image (click to enlarge)
Click to Enlarge Name: xu.jpg Size: 88 KB
  • #4,420
  • Edited 1:51pm Apr 25, 2011 1:02am | Edited 1:51pm
Sjr.... Looks like a good entry. I'm waiting for a day or two before I start trading... waiting for other traders to come back into the market place...

What Dean is going to teach on his new TDI won't help you unless you trade his system... kind of pricy too...
4 traders viewing now