DislikedLet me offer another little tidbit of an idea I am playing with at the moment which WILL become part of my trade plan for this method when it is done... Take a look at your CCI 8. Take a look at the best entries, the ones that if you took an entry would paid well as they had a nice move after the CCI retrace. Most of the best AAA+ entries all spent very little time on the retrace side of 0. Some of the absolute best entries come off 3-4 bars of CCI retrace with one or two spiking the +100 or -100 before heading back above 0. Now look at what EURAUD...Ignored
yep makes sense doesn't it that the trend pressure is so much that the price just pops its head up against the trend and gets quickly hammered straight back down with the trend, the downward pressure is just too much for it.. So these quick pullbacks are the best to take but also if I look at the best CCI turns they are the ones when they stay the right side of the 120HMA again denoting huge downwards pressure to keep the trend going, soon as price crosses the 120HMA the pressures off..
I'd take any CCI signal under the red 120hma and buy any CCI signals above the 120HMA, strong trends by definition as they are above or below their 120HMA...
In fact CCI swings work under these conditions...
Will post a chart later but must dash gotta pick my boy up...
Catch you later..
Feel the Fear and do it anyway!!!