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eelfranz replied Jan 26, 2011Vanaris, Thanks for joining us and we hope you'll come back often and participate. Lots of good traders here willing to share and help you. Big E
Craig Harris Stochastics Method
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eelfranz replied Jan 26, 2011Last nights trade... Stretched the rules a bit and entered early - 4 hour chart - The trade is still active - The trade has been going about 12 hours but were in the green... It's only up 18 pips but thats $180 with 1 full lot traded.
Craig Harris Stochastics Method
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eelfranz replied Jan 26, 2011NeoRio, Thanks. Looking forward to your instructions so I can start posting videos. Big E
Craig Harris Stochastics Method
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eelfranz replied Jan 26, 2011Xaphod - I don't want the thread to die. Too many good people here. Often times when I come online there is more than 20 readers reading it at that time. Maybe I should just start a new thread and put this one to bed. Opinions please... anyone? I'd ...
Craig Harris Stochastics Method
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eelfranz replied Jan 26, 20112scoops, Your questions: But are there any other factors you you consider? Do you check the trend/tdi/stochs status of Higher/Lower timeframes before you trade Pivot points Support and Resistance areas from higher timeframes Do you look at where we ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Crestwood... 8,3,3 Come visit our thread... forex factory, Commercial, "Craig Harris Stochastics Method." Lots of discussion about stochastics. Big E
Stochastics Settings
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eelfranz replied Jan 25, 2011Big Jim... Thanks buddy Lets say as an example I exit a trade on candle # 5 because it's a large candle that is pulling back over 5 pips on the wick. Instead of just re-entering... I'll check out the tdi & stochs for a good angle (12-2 or 4-6 if ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Bill, Just looking at the tdi would have been enough to keep me out. Again... I suggest going back in old charts where the tdi is rather flat and look up at the chart so it's easy to recognize possible problems. Nothing in the Forex is 100% ALL THE ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Out of the 8 charts I monitor it IS NOT UNUSUAL to have 4-6 good trade set ups going on at the same time between the London Open and 10am Pacific time (-8). Check different timeframes too on your charts. It's quick if you'll set up your charts on ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Nice large candle with a 13 pip pull back...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 201115 minute chart - Note PA in the blue box and on the tdi. Dont enter a trade when PA looks this way and the tdi looks pretty flat... The tdi would have told me to stay out... go check another pair for a possible set-up and better entry...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 20111 hour chart. Take a look at this chart and the area highlighted... Note the smaller candle before the blue box. It only pulled back 5 pips but the highlighted candles pulled back 11 pips & 13 pips. If I would have exited +5 pip pullback I would ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Just turned on my computer - 11:10 am pacific time. I noticed the set up last night and entered the trade... went to bed... Now $553 profit.
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Last nights trade - 4 hour chart - 1 lot - up $493.00 now and the trade is still open - 5 method...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 20112scoops, Your questions: When you exit when it moves back 5 pips and then consider re-entry later in the move when PA is moving the right way again, do you re-enter on the same candle? Or do you mainly wait for the next candle to form? Also would ...
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Xaphod, Thanks buddy for jumping in and helping out AGAIN. I appreciate it and I no they do too... Thanks Big E
Craig Harris Stochastics Method
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eelfranz replied Jan 25, 2011Chims... I almost always have the tdi & stoch on all my charts regardless of the method being used. However, it's not necessary on the 5 method for me. It gives people more confidence when they have it on their charts it seems.... and it's a good ...
Craig Harris Stochastics Method
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eelfranz replied Jan 24, 2011I know that a lot of you trade the 5 minute chart. Here is this mornings 5 minute chart as an example: 7am Eastern Time
Craig Harris Stochastics Method
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eelfranz replied Jan 24, 20112 scoops, When you first enter a trade many candles have a small wick... the trade is working... but as the candles get larger and larger the wicks normally get longer and longer... we give the dealer back a lot of pips. This is not a rule !!! but ...
Craig Harris Stochastics Method