So much for the sells
back to the drawing board http://www.forexfactory.com/images/icons/icon9.gif
back to the drawing board http://www.forexfactory.com/images/icons/icon9.gif
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DislikedSo much for the sells
back to the drawing board http://www.forexfactory.com/images/icons/icon9.gifIgnored
DislikedThe indicator only shows POSSIBLE (forming) divergences... an early warning signal, so to speak.
So, yes, there are some big divergences all the way through the daily timeframe, which has a bearish strength indication also.
But, depending on if you are a position trader or a scalper, don't try to catch a falling knife.
Don't discount your other tools. My trendlines have not been broken to confirm a break in the current uptrend.
CarlIgnored
DislikedFirst of all thanks to Crodzilla and his CCI MTF indicator, so here is my little contribution. Nothing new, just different visualisation of CCI hook indicator (blue/red dot on chart) based on current TF. Maybe it will help someone.Ignored
Dislikedhi altoronto
does this indicator helps to recognise the breakout..
Is there anyway to recognise the divergence that is in trend by an indicator ?---------so that the trade is with the trend not with the divergence .Ignored
DislikedForexcube
I have a question about the CCI period settings.
14 is default but I read in this thread that you where using 34 on a 1 HR chart. It myave have been just for that system
If one is doing Multi timeframe study does a person use the same CCI period for each TF or does that change per TF
Thanks in advanceIgnored
DislikedCan anyone post a screenshot that shows how was this big moment tradeable? On all settings everything is a big bearish movement. On CCI, what I leared from Woodies it tells me the same, buying... But according to all other indicators that is in FC's template its a big Bearish Divergence. I lost a lot on my Demo Acc... I will reread the whole topic, the indicator caused for me atleast very false signs. Maybe some settings needs to be changed?
Thanks for all advices!!!Ignored
DislikedCan anyone post a screenshot that shows how was this big moment tradeable? On all settings everything is a big bearish movement. On CCI, what I leared from Woodies it tells me the same, buying... But according to all other indicators that is in FC's template its a big Bearish Divergence. I lost a lot on my Demo Acc... I will reread the whole topic, the indicator caused for me atleast very false signs. Maybe some settings needs to be changed?
Thanks for all advices!!!Ignored
DislikedThe indicator only shows POSSIBLE (forming) divergences... an early warning signal, so to speak.
So, yes, there are some big divergences all the way through the daily timeframe, which has a bearish strength indication also.
But, depending on if you are a position trader or a scalper, don't try to catch a falling knife.
Don't discount your other tools. My trendlines have not been broken to confirm a break in the current uptrend.
CarlIgnored
DislikedCan anyone post a screenshot that shows how was this big moment tradeable? On all settings everything is a big bearish movement. On CCI, what I leared from Woodies it tells me the same, buying... But according to all other indicators that is in FC's template its a big Bearish Divergence. I lost a lot on my Demo Acc... I will reread the whole topic, the indicator caused for me atleast very false signs. Maybe some settings needs to be changed?
Thanks for all advices!!!Ignored
DislikedSee also weekly and monthly. If so, you could get a feeling of staying out of the market and wait for a trend reversal.
Kindest regards
FXcubeIgnored