I see what you are doing - it makes sense, but never been good at "hedging" the way you mention it. Whatever works for you anyway
Looks like we are all looking at the same thing at the end.
I also use CCI but in combination with MACD and RSI on Higher TF (H1 and above) and like you I see divergences forming
I have now closed all my positions, my daily target of 120pips has been exceeded today.
See you all tomorrow, green pips to all
Looks like we are all looking at the same thing at the end.
I also use CCI but in combination with MACD and RSI on Higher TF (H1 and above) and like you I see divergences forming
I have now closed all my positions, my daily target of 120pips has been exceeded today.
See you all tomorrow, green pips to all
DislikedHi BrunargarFx
You could be absolutely right!
It's not in my interest to trade the maximum points at the forex market so long that I allocate my input orders. (1/10) is the bottom of page, say one-tenth of my input maximum per currency-pair. With my CCI14 above the different time-frames (M1/M5/M15/M30/H1/H4/Daily) I be extremely happy with this kind of simple trading style. In case of need I could also hedge some orders or go out with some others. I have set several shorts more around 1.4027 (1/10) & 1.4039 (1/10) & 1.4156 (1/10). My MM is perfect...Ignored