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Home ยป Trading System

Craig Harris 40 pips a day, The Natural Flow Trading System

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Submitted by kolier on Mon, 05/24/2010 - 16:37

Who is Craig Harris

Craig's Journey To His Amazing Forex Discovery!
Harris think he need to give back to the community after he have made a great profit in forex market.
All free videos and manul: Natural Flow Training Videos

Trading Forex Survey Brought to you by Craig Harris

Trader Survey Result
Statistics tells the truth, spotlights of the video:

  1. Make 40 pips within 3 hours is very easy.
  2. Trade at the right time. Agreed on London and New York Sessions. Click Ctrl+L on your MT4 chart to review the volumes part you may know.
  3. Find out the move pattern of the market.
  4. Don't only stick on one timeframe, utilize other to help you more.

Technics in This Trading System

Trade in the swing.
I do agree with him, I always trade the swing and try my best to follow a good trend in the market, follow the natural trend. And I like the M15 very much, this timeframe is potential profitable. He use two indicators including and a Resistant/Support indicator to tell the potential trading opportunities.

But it ignore the Spread between the Bid and Sell price. And he is pollyanna with the Fractals while Fractals usually appear at the penultimate bar.
Sessions Indicator
Help trader identify the market sessions easily. Detail of Market Session. My market sessions indicator: KMSI - Kolier Market Sessions Indicator
Tokyo Channel
Craig uses Tokyo Channel to detect whether the London & New York sessions would likely have trading chances.
Stochastic Oscillator
What is . He introduce the stochastic settings (8,3,3).

And he thinks the angle of stochastic oscillator is extremely important:

  • Long: Positive Angle
  • Short: Negative Angle
Big Numbers
Entry Logic
  • Big Numbers(BN): [00,20,50,80].
  • Mid Range Numbers(MRN): [10,35,65,90], which are the 50% fib of BN.

Use them for entry points and target points. 10, 15 are the main gaps. I think we can add

Price action, breakout of the reversal candle for entry. Means the entry point is not the beginning of the trend or swing, it's the breakout point.

Long when the angle of stochastic is positive and short when negative.

In M15, I think trader can add 2 Bollinger Bands, one is BollingerBands(Period 14), the other is BollingerBands(Period 28) for entry confirmation.

News
Use news time to avoid the consolication.

Indicators and Template: CH_Template__Indies.zip

Classification
Category: 
Technical Algorithmic
Information
Craig Harris
Glossary: 
Spread
Bid
Ask
Consolidation
Market Session

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