DislikedGuys its raining here and wanted to do some tidying up in the garden so I have been rained off, hence got a little time on my hands, with that I just want to put up a slightly different view of Clive's 1min Method for all you guys with a need for speed in your trading, my aim is not to insult anyone, it is just my own idea and is very simple and visual, based all around CCI to keep the clutter off the chart. Ok there as been a lot of talk about trend strength, my answer to this is to use a series of CCI's my charts will show different number CCI...Ignored
Quite simply find a strong trend and wait for your pullback then jump on board, your express train is leaving the station, choo, chooo!!!!
How we identify that strong trend is down to personal choice but your method here is obviously sound. The guy that designed the CCI indicator stated that if the CCI was above 100 then it was a strong trend therefore the longer term CCI's are green and above the 100 level so the longer tend is not only up but also strong, so then look for your red pullbacks in your smaller timeframe CCI's.. Just be aware of course as ever that trends do end...
So keep an eye out for that longer term CCI dropping below the 100 level thats your first indication your trend could be about to end..
I'm gonna put a very similar idea up later which is simple beyond simple using the CCI candles you provided me with..
Nice one Dave..
Feel the Fear and do it anyway!!!
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