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  • #41
  • Sep 20, 2018 3:05am Sep 20, 2018 3:05am
Hi! An interesting strategy. Have been playing with it for the last couple of days. Was a now entry at GBPUSD a reliable one? I know that CCI14 went through the roof but it is growing so far.
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Buy low, sell high.
  • #42
  • Sep 20, 2018 3:40am Sep 20, 2018 3:40am
Good ones so far today.
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  • #43
  • Sep 20, 2018 3:49am Sep 20, 2018 3:49am
Quoting HappyMan
Hi! An interesting strategy. Have been playing with it for the last couple of days. Was a now entry at GBPUSD a reliable one? I know that CCI14 went through the roof but it is growing so far. {image}
Wow so much stuff on your chart. I use CCI crosses for M5-M15 mostly. Not sure it works good on H1 with current settings, i guess it may gives us late signals on higher TFs. But the main thing is to enter on breakouts. As i see, there were good entries even on H1 on GBP/USD recently.
  • #44
  • Sep 20, 2018 3:52am Sep 20, 2018 3:52am
Hi Whatever what's your view of nzd USD at 6650
  • #45
  • Sep 20, 2018 3:55am Sep 20, 2018 3:55am
Can you tell, I am just starting? ;-) Sounds like I did not get it right. What would you recommend for H1? MACD? Anything else? Once I figure out your setup, I'd like to backtest it over the last three months. I also try trading futures (/ES, etc). Thanks in advance!
Buy low, sell high.
  • #46
  • Sep 20, 2018 3:55am Sep 20, 2018 3:55am
Hi Whatever what's view of nzd USD at 6650
I mean bo above 6650
  • #47
  • Sep 20, 2018 4:00am Sep 20, 2018 4:00am
Quoting Brian214
Hi Whatever what's your view of nzd USD at 6650
Hi Brian. If you trade this pair, there was a valid buy signal on 10:45 (fourth M15 candle on London). But momentum is slow and volatility is low on this pair.
I see it so.
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  • #48
  • Sep 20, 2018 4:06am Sep 20, 2018 4:06am
Quoting HappyMan
Can you tell, I am just starting? ;-) Sounds like I did not get it right. What would you recommend for H1? MACD? Anything else? Once I figure out your setup, I'd like to backtest it over the last three months. I also try trading futures (/ES, etc). Thanks in advance!
I think you get it right, it's very simple and easy The only thing is TF - i trade intraday and use M15 most of all. For H1 i use another idies for divergences (such as MACD, yes) and i set longterm Support/Resistance levels also on H1 and H4. But on this thread we mainly focus on trading M15 with breakouts and other simple price action + CCI confirmation.
  • #49
  • Sep 20, 2018 4:12am Sep 20, 2018 4:12am
Is it okay to discuss H1 and H4 here, or is there another thread?

For S/R, do you use the three MAs mentioned on the first page?
Buy low, sell high.
  • #50
  • Sep 20, 2018 4:20am Sep 20, 2018 4:20am
Quoting HappyMan
Is it okay to discuss H1 and H4 here, or is there another thread? For S/R, do you use the three MAs mentioned on the first page?
Yes, i use that MAs in my tech analysis as well. You may discuss your trading with price action and CCI on H1 and H4 here if you like, no problems. Let's see how it works on higher TFs, it's interesting.
  • #51
  • Sep 20, 2018 7:31am Sep 20, 2018 7:31am
Now I am confused. What do you use for H1? MACD or CCI? Looking for a basic setup to test your strategy.
Buy low, sell high.
  • #52
  • Sep 20, 2018 8:14am Sep 20, 2018 8:14am
Quoting HappyMan
Now I am confused. What do you use for H1? MACD or CCI? Looking for a basic setup to test your strategy.
Why confused? I use this way of trading with the help of CCI for M5-M15 only. And i give my results and my view here. It works on this TF and i am sure in that. If you want to try it on other TFs - you are welcome. But i don't give any advices about that, because i haven't trade with CCI on H1 before.
I use different tools in my trading and i said about that in first posts. I can analyze all TFs, but i take trades on M15 mostly. Main setup is Breakout. Other setup can be Divergence. CCI is a confirmation. That's it. Let's stick to this.
  • #53
  • Sep 20, 2018 8:24am Sep 20, 2018 8:24am
Quoting Whatever.
{quote} Why confused? I use this way of trading with the help of CCI for M5-M15 only. And i give my results and my view here. It works on this TF and i am sure in that. If you want to try it on other TFs - you are welcome. But i don't give any advices about that, because i haven't trade with CCI on H1 before. I use different tools in my trading and i said about that in first posts. I can analyze all TFs, but i take trades on M15 mostly. Main setup is Breakout. Other setup can be Divergence. CCI is a confirmation. That's it. Let's stick to this.
Ah, now it's getting clearer. Thank you for being patient ;-)

What do you do with false breakouts? Is there a system to recognize them quickly?
Buy low, sell high.
  • #54
  • Sep 20, 2018 8:34am Sep 20, 2018 8:34am
if it pass CCI 100 its going down for next 8 hours
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Profit growth tells you the trader ability.
  • #55
  • Sep 20, 2018 8:39am Sep 20, 2018 8:39am
Quoting HappyMan
{quote} Ah, now it's getting clearer. Thank you for being patient ;-) What do you do with false breakouts? Is there a system to recognize them quickly?
Unfortunately, there is no magic system to recognize every wrong step before making it Losses are part of trading. Take them as expenses in your business. The thing is to find a way to cover your expenses and get a profit. For this i recommend to stick to few pairs only and learn them. When you feel and know your pair - you will understand it much better, including false breakouts too. No indies needed for this. Also pay attention to Divergences - they can tell you about finishing of current trend and soon reversal. Hope that helps.
  • #56
  • Sep 20, 2018 8:44am Sep 20, 2018 8:44am
Quoting voketexpert
if it pass CCI 100 its going down for next 8 hours {image}
Don't really understand why you decided to buy on the top?
  • #57
  • Sep 20, 2018 3:15pm Sep 20, 2018 3:15pm
Quoting Whatever.
{quote} Unfortunately, there is no magic system to recognize every wrong step before making it Losses are part of trading. Take them as expenses in your business. The thing is to find a way to cover your expenses and get a profit. For this i recommend to stick to few pairs only and learn them. When you feel and know your pair - you will understand it much better, including false breakouts too. No indies needed for this. Also pay attention to Divergences - they can tell you about finishing of current trend and soon reversal. Hope that helps....
What small number pairs would you recommend we practice with to best develop a feel for the way they move and have enough volitility etc. Brian.
  • #58
  • Sep 20, 2018 11:47pm Sep 20, 2018 11:47pm
This one worked out after some initial draw down.
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  • #59
  • Sep 21, 2018 2:51am Sep 21, 2018 2:51am
Quoting Brian214
{quote} What small number pairs would you recommend we practice with to best develop a feel for the way they move and have enough volitility etc. Brian.
Sounds simple, but first of all try to master EUR/USD and GBP/USD.
  • #60
  • Sep 21, 2018 3:02am Sep 21, 2018 3:02am
Interesting situation on GBP/USD today. Entry is only on breaking Frakfurt low. No entry later. We don't enter after big candles and quick move. If we want to re-enter - we wait to enter after retracement.
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EUR/USD. Simple London breakout with a nice yesterday's level. Worked not so well, but we should have fixed our profit, because it was bigger than SL, or at least finish on BE.
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