Hello Everyone,
Excellent thread. thanks to all and especially to Waterflame for posting this method. I am manually testing this method and came across many situations where we get the signal and trend continues for more than 24 hours some times even 2 days and obviously it is difficult to monitor trade for 2 days, one of the post it was mentioned that when CCI crosses 100 again we can reenter the trade in the trend direction or take profit and wait for another signal. Is the any other way to reenter the trade instead of waiting for the reversal signal. I am posting a GBPUSD 15 min chart where i have marked the begening and end of the trend in Blue rectangle, trend started around 2/14/2008 18.30 GMT and ended 2/15/2008 23.00.
I will appreciate any comments regarding this.
Dennis.
Excellent thread. thanks to all and especially to Waterflame for posting this method. I am manually testing this method and came across many situations where we get the signal and trend continues for more than 24 hours some times even 2 days and obviously it is difficult to monitor trade for 2 days, one of the post it was mentioned that when CCI crosses 100 again we can reenter the trade in the trend direction or take profit and wait for another signal. Is the any other way to reenter the trade instead of waiting for the reversal signal. I am posting a GBPUSD 15 min chart where i have marked the begening and end of the trend in Blue rectangle, trend started around 2/14/2008 18.30 GMT and ended 2/15/2008 23.00.
I will appreciate any comments regarding this.
Dennis.