Trade On UJ — Set up a Sell Limit at 83.270 on UJ, taking gmcc advice and going for a pull back to the 5ema, set a 75 pip SL and 150 TP.

Craig Harris Stochastics Method

I did see this set up but didn't take it because the Red line was in such a strong downtrend. I've attached the EU chart and a chart of a losing trade I took on the EJ from the 15th Feb. The EJ trade showed the Red line pointing up, going against ...

Craig Harris Stochastics Method

I see what you mean, I thought there would be more to the up side today after the strong push up yesterday just exited for for 30 pips. image

Craig Harris Stochastics Method

Exited UC trade, which I entered at daily open on 17th Feb, for 95 pips and the GC trade for 77 pips. There could well be more pips to be had in these trades but I can't be here to monitor them so safer to exit whilst well in profit. Entered a long ...

Craig Harris Stochastics Method

Big E, I can enter as the day starts. Your right about taking profits if the market starts to slow down, I've been too focused on getting my 1:2 RR ratio.

Craig Harris Stochastics Method

Hi Big E, Here's the EU chart, I entered short at the Aqua line with a 75 pip SL and 150 pip TP. The TDI was good for entry but the Stochs where showing over sold. If I had been monitoring the trade I would have exited at the third attempt to break ...

Craig Harris Stochastics Method

Entered two sell trades today at market open on GC and UC both with 75 pip SL and 150 TP. The EU trade was stopped out for -75 pips it's a real problem not being able to monitor the trade during the day.

Craig Harris Stochastics Method

I'll do my best to do that. image

Craig Harris Stochastics Method

Stopped out on the EJ, EU still running. I see where I went wrong with this trade at entry the Red TDI line was pointing up and for a short trade should have been pointing down.

Craig Harris Stochastics Method

This has been my problem lately I haven't had the time to watch the charts because of work commitments. I've found following daily charts can work well and I beleive Big E mentioned in an earlier post he only looks at the TF he's trading from and ...

Craig Harris Stochastics Method

Just entered this trade using daily charts on EJ. Set SL at 75 pips and TP at 150 pips. TDI and Stochs in agreement.

Craig Harris Stochastics Method

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. ...

Craig Harris Stochastics Method

Thanks for the advice Big E and Rotunda appreciated. What I'm trying to do is use the price action at swing highs and swing lows for entry. What I'm looking for is strong reversal candals like engulfing candles, pin bars etc and if it comes at areas ...

Craig Harris Stochastics Method

You can't expect every trade to be a winner, the first trade today looked good but it reversed and turned into a losers. I then had to go out but was back in time to take the trade on the 1.30GMT candle, when I took the screen shot the trade was ...

Craig Harris Stochastics Method

Trades For 10th Jan — There are times in trading when you need a lot of patience, today was one of those days, it wasn't until after 1.30GMT that I entered my first trade which was long after a break of the setup candle and above both the 21ma ...

Craig Harris Stochastics Method

The best way to learn, in this business, is through observation of what others with more knowledge than yourself are doing and then applying it to your own trading. It's good to see you back passing that knowledge on Big E it's really appreciated. ...

Craig Harris Stochastics Method

It's funny how sometimes you attract what your looking for, I was asking yesterday about advice on cutting short losing trades and today received an email that deals with this problem. Here's the link: url there is a lot of very good tips and ...

Craig Harris Stochastics Method

Took this trade using a 7 pip SL, 5pips +2pip spread, as per Big E and Jflor advice and it worked well. Entered trade early again, at 7amGMT, with price bouncing from 21ma and moving with momentum a quick 20 pips. I think it was Big E who ...

Craig Harris Stochastics Method

Thanks for the advice, Big E and Jflor, I can remember Big E saying that back in the depths of the forum. I will have to accept taking short term small losses for long term gains.

Craig Harris Stochastics Method

Hi Stevepatt: Keep up the posting!! I also sold G/U at 1.5520 near 1500 GMT (out at 24 pips). If the market opens up wider swings, I'll consider doubling trade lots (will close one at 20) then let the remainder ride with stop loss trailiing. What do ...

Craig Harris Stochastics Method