FXmagistral Alert's of CCI-intraday

Good day, traders!!!


Here I am going to post information on tactical method based on elemental indicator Commodity Channel Index (CCI)

Those who want to observe, set up standard indikator Cci on the chart

Sometimes the indicator “lies” so I will “filter” it (some signals will be missed)

Indicator signals are the following:

Zero line = it means nothing, balance line can “spring”
Zone >+200 = to sell
Zone >-200 = to buy
Zone about +100 = first sales (closing some buy orders)
Zone about -100=first purchases (closing some sell orders)

Main working timeframe = 4 h.
Additional one = 1 h.

Average periodicity– 2-4 hours

The following working pairs:

eurusd, gbpusd, usdjpy, usdcad, some pairs can be added later.

For that purpose there is a demo-account http://www.viac.ru/cd/23&list=graph&acc=2172


If there are no signals – I do nothing
If there are some signals – transaction will be open or will be commented (if transactions are open on other pairs.)

If you have any questions, don’t hesitate to ask me.

Thursday 06.09.07

Gbpusd

W1 Market type=upper, approaching to sell. The phase=zero line, middle. The test of resistance of last week on 2.0230 and above is expected (breaking through zero bottom-up). Rebounds are possible and on the whole, flat
In comparison with last week the market has not changed a lot, on the whole, buy during rebounds until the turn sets in.</font><br><br>

D1 Market type = upper, not far from resistance. The phase – test of resistances 2.0250 and 2.0300. Good support 2.0040, intermediate 2.0150.

4h Market type = upper, signal to sell is average. The phase = test of resistance and dropping. There are 2 scenarios: 1 – rise (2.0230-50) and drop 2 – flat and drop at once. Be ready to sell at pressure downward

eurusd

W1 Market type =upper flat, approach to sell. The phase = rebound from zero upwards, 1.38 is a good level of resistance.
Unchangeable, the pair can be bought during drops to fulfill weekly scenario.

D1 Market type = middle, rising flat. The phase – zero line works, rise to channel resistance. Support - 1.3570.

4h Market type = upper, signal to sell is average. The phase = test of resistance and dropping. There are 2 scenarios: 1 – rise and drop 2 – flat and drop at once. Be ready to sell in short time at pressure downward. First resistance = 3680-3700, support 3620-3600.

usdjpy

W1 Market type = flat in the middle. The phase – approaching to zero bottom-up, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario

D1 Market type = flat, test of zero downward. The phase – approaching to buy. Buying may start from 114.60 and may from115 after flat. Selling is not considered.

4h Market type= down. The phase = rise. Scenario- buy from day’s bottoms, breaks through downward are possible. CCI signal is average – buy

usdcad

W1 Market type = down, zero. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.

D1Market type = down, not far from the bottom, a strong signal to buy is forming. The phase = flat and rise. Scenario - to buy the pair with the half of the lot from 1.05, lead it to full from 1.0480, order defense to 1.0420, target - 1.0680.

4h Market type = upper. The phase = short-time selling after a weak rise to1.0560. Rise follows after selling. I will precise on hours.

Thursday’s summary

Thursday’s total 06.09.07:
GBP-account (demo)=0 points;
Master-account (demo) = 0 points, is still open usdjpy buy

All coincided mostly. GBP reached resistance 2.0260, and it was sold from there to 2.0142 (intermediate day’s support).
Signal to sell 4h was checked out. Then gbp moved upwards again (it was D1 level).
Unfortunately, I was out of the market during such a good day, it’s high time to buy a communicator

Euro was not in buying, flat near 3630 and rise. Out of the market.

The pair was in flat, buying from bottom brought only pips of profit. Really my opened buy orders gave a good profit, but being out of the market, I was failing good profit. I await.

Cad reached 1.0562 and above 1.0580. It was sold from there to 1.0505. Then it was risen to 1.0540 and after that there was a decreasing flat. In general, not bad, but I was out of the market.

CCI day - Friday 07.09.07

Gbpusd

W1 - Market type=upper, approaching to sell. The phase=zero line, middle. The test of resistance of last week on 2.0230 and above is expected (breaking through zero bottom-up). Rebounds are possible and on the whole, flat
In comparison with last week the market has not changed a lot, on the whole, buy during rebounds until the turn sets in.

D1 Market type = upper, not far from resistance. The phase – test of resistances 2.0250 and 2.0300. Good support 2.0050, intermediate 2.0162.

4h Market type = upper, flat. The phase = test of resistance and dropping. There are 2 scenarios: 1 – rise (2.0230-50) and drop 2 – flat and drop at once. Be ready to sell at pressure downward

eurusd
W1 - Market type =upper flat, approach to sell. The phase = rebound from zero upwards, 1.38 is a good level of resistance.
Unchangeable, the pair can be bought during drops to fulfill weekly scenario.

D1 Market type = middle, rising flat. The phase – zero line works, rise to channel resistance 3710. Support - 1.3570.

4h Market type = upper, flat. The phase = test of resistance and dropping. There are 2 scenarios: 1 – rise and drop 2 – flat and drop at once. Be ready to sell in short time at pressure downward. First resistance = 3710, support 3620-3600.

usdjpy
W1 Market type = flat in the middle. The phase – approaching to zero bottom-up, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.

D1 Market type = flat, test of zero downward. The phase – approaching to buy. Buying may start from 114.60 and may from115 after flat. Selling is not considered.
4h Market type= downward. The phase = rise. Scenario- buy from day’s bottoms, breaks through downward are possible.

usdcad
W1 Market type = down, zero. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.

D1 Market type = down, not far from the bottom, a strong signal to buy is forming. The phase = flat and rise. Scenario - to buy the pair with the half of the lot from 1.05, lead it to full from 1.0480, order defense to 1.0420, target - 1.0680.

4h Market type = middle. The phase = there is a pressure downwards but more downwards stronger selling is. On the whole, flat.

I was out of market, so I have posted nothing today. See you tomorrow J

Gbpusd

W1 Market type=upper, approaching to sell. The phase= break through above zero line, middle. On the whole, gbp will be in flat (to form a good signal to sell). Flat scenario= trade inside channel and at the same time to buy from bottom more carefully and to sell more intensively from resistance.

D1 Market type = upper, resistance. The phase – attempts to break through upper and stronger rebounds. Buying is not considered.

4h Market type = flat down. The phase = drop to levels and rise. The first support is 2.0220, from there careful buying is possible (with a reduced lot). If this zone does not stop the pair, it will drop into old horizontal channel. 4h selling is not considered.


Eurusd

W1 Market type = upper flat signal to sell is forming. The phase = upper flat near 1.38. All drops are equal to rebounds. From 1.37 you may buy, from 1.3820 sell, use reduced lots.

D1</font>Market type = almost resistance, buying is not considered. The phase – resistance test and reducing flat. Upper 1.3820 – sell, at swift drop – sell, stop selling near 1.3730 (to reconsider the situation).

4h Market type = upper, flat. The phase = test of resistance and rebounds. Short-term selling. Support = 3710.

usdjpy

W1 Market type = rising flat. The phase – slow rise from 113, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.

D1 Market type = rising flat, movement to zero line. The phase – flat and buying. Selling is not considered, buy from 113, lower 112.60 – scenario is cancelled

4h Market type= flat 50\50, slow rise and down pressure.

Usdcad

W1 Market type = down, flat. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.

D1 Market type = down, not far from the bottom, a strong signal to buy is forming. The phase = flat and rise. Going through upper 1.0550 – signal to buy.

4h Market type = down. Scenario – buy the pair from 1.0480 (may buy carefully from 1.05), support – 1.0410, target – 1.0680.

Tuesday’s report

gbpusd
4h scenario is fulfilled.
Gbp dropped to the zone of first supports and rose till 2.0334 from there.
I caught rebound from upper line = +25 points.

eur
Euro tested resistance but there was no rebound, but a low flat.
Selling remained near the start = +3 points.

jpy
Yen smoothly rose till 114, new orders were not open, just old buy orders remained with reduced loss.

cad
Cad failed D1 and 4h scenarios. There was a selling day without any attempts to rise. Buy orders are not closed yet.

Tuesday’s total 11.09.07:
Gbp account (demo)= +25 points;
Master-account (demo) = + 3 points, buy usdjpy and buy usdcad orders are open

Gbpusd

W1 Market type=upper, approaching to sell. The phase= break through above zero line, middle. On the whole, gbp will be in flat (to form a good signal to sell). Flat scenario= trade inside channel and at the same time to buy from bottom more carefully and to sell more intensively from resistance.

D1 Market type = upper, resistance. The phase – beginning of rebounding movements downward. Buying is not considered. There is a signal to sell in flat.

4h Market type = upper flat . The phase = movement downward to zero. The first support is 2.0220, from there careful buying is possible (with a reduced lot). If this zone does not stop the pair, it will drop into old horizontal channel. Selling is possible from upper lines on 2.0330


eurusd

W1 Market type = upper flat, signal to sell is forming. The phase = upper flat close to 1.38. Signal to sell is not good, that’s why all drops = rebounds.
From 1.37 you may buy, from 1.3820 sell, use reduced lots.

D1 Market type = almost resistance, buying is not considered. The phase - resistance test and reducing flat. Above 1.3820 - sell, at swift drop - sell, stop selling close to 1.3730 (to reconsider the situation).

4h Market type = upper, flat. The phase = test of resistance on 1.3860 and rebounds. Be ready to sell.




usdjpy

W1 Market type = rising flat. The phase - slow rise from 113, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.

D1 Market type = rising flat, movement to zero line upward. The phase - flat and buying. Selling is not considered, buy from 113.45, break through the level lower 112.60 - scenario is cancelled

4h Market type= upper flat, slow rise and average rebounds.


Usdcad

W1 Market type = down, flat. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.

D1 Market type = down, not far from the bottom, the CCI - signal to buy, it is possible from 1.0410-20 and it is necessary from 1.0388 (if it reaches it).

4h Market type = down. The phase – rising flat to zero. Scenario - buy the pair from 1.04, add orders 1.0385, order defense to 1.0360, target - 1.0680.

Wednesday’s report
gbpusd

4h scenario is fulfilled.
Gbp rose on 2.0360 and rebounded from there. It was a rebounding day. Sell orders would bring a good profit but I was engaged in other orders where a complicated situation was.

eur
Negative result of the scenario. Euro inevitably rose without any rebounds and only 1.39 stopped the pair but did not throw it back. Sell positions bring moderate loss due to reduced lots.
jpy
Yen was in close flat, there were small rebounds. I did not open new orders

cad
Cad failed D1 and 4h scenarios again. There was a selling day without any attempts to rise like on Tuesday. Signal is not fulfilled. Buy orders are not closed yet and bring loss.

13.09.2007

Gbpusd
W1 Market type=upper, approaching to sell. The phase= break through above zero line, middle. On the whole, gbp will be in flat (to form a good signal to sell). Flat scenario= trade inside channel and at the same time to buy from bottom more carefully and to sell more intensively from resistance.

D1 Market type = upper, resistance. The phase – rebounds downward to zero line. Buying is not considered. There is a signal to sell in flat.

4h Market type = 50\50 flat. The phase - low rise to zero from bottom and then stronger rebounds. Selling is possible from upper lines above 2.0300

eurusd
W1 Market type = upper flat, signal to sell is forming. The phase = upper flat about 1.39. Signal to sell is not good, that's why all drops = rebounds.
From 1.39 you may sell, but it may be a bit higher.
D1 Market type = almost resistance, upper flat, buying is not considered. The phase - resistance test on 1.3930 and rebounds. Above 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).
4h Market type = almost resistance, upper flat, buying is not considered. The phase - test of resistance on 1.3930 and rebounds. Above 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).

usdjpy
W1 Market type = rising flat. The phase - slow rise from 113, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.
D1 Market type = 50\50 zero line flat. The phase – it is preferable to buy after rebounds.
4h Market type= upper flat, swift rise may be after rebounds on 113.80.

Usdcad
W1 Market type = down, flat. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.
D1 Market type = down, at the bottom, the CCI - signal to buy, from 1.0360-1.0340.
4h Market type = down. The phase – at the bottom with attempts to move up. Scenario - buy only, order defense - 1.0320.

Thursday’s report
gbpusd
The scenario is ok.
Gbp rose higher 2.0300 and every time there was a strong rebound downward.

eurusd
Sell orders succeeded but did not reach the target

usdjpy
Yen stably rose from 114, it can be considered as flat on D1 only. Old jpy orders were closed with profit. New orders were not open.

usdcad
4h scenarios is fulfilled, at the bottom with attempts to move up. There was a selling tendency and cad found a new bottom on 1.0310. Buy orders brought pips, but market took them back. Signal is not fulfilled. Buy orders are not closed yet and bring loss.

Gbpusd
W1 Market type=upper, approaching to sell. The phase= break through above zero line, middle. On the whole, gbp will be in flat (to form a good signal to sell). Flat scenario= trade inside channel and at the same time to buy from bottom more carefully and to sell more intensively from resistance.
D1 Market type = middle 50\50. Attempts to develop downward trend, and rebounds upward. Selling can be considered at swings only. On the whole, it is preferable to buy, buy with a small lot from 2.0150, target - 2.0230. Good support 2.0050.
4h Market type = upper. The phase - rise to zero from bottom and then flat. You may buy gbp carefully during drops.

eurusd
W1 Market type = upper flat, signal to sell is forming. The phase = upper flat about 1.39. Signal to sell is not good, that's why all drops = rebounds.
From 1.39 you may sell, but it may be a bit higher.
D1 Market type = almost resistance, upper flat, buying is not considered. The phase – drop to zero. Higher 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).
4h Market type = upper flat. The phase - test of resistance (first impulse, you can buy on 1.39-1.3930) and rebounds. Higher 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).

usdjpy
W1 Market type = rising flat. The phase - slow rise from 113, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.
D1 Market type = 50\50 zero line flat. The phase – it is preferable to buy, especially after rebounds. First target – 116.20, support 114.20
4h Market type= upper flat, swift rise may be after rebounds on 114.40. Rise may go on with breaking through 115.25


Usdcad
W1 Market type = down, flat. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.
D1 Market type = down, at the bottom, the CCI - signal to buy, selling is not considered.
4h Market type = down, flat. The phase – at the bottom with attempts to move up. Scenario - buy only, order defense - 1.0295.

can you show your screen shoot so i can understand...
because what i see in GBP/USD TF 4h ( historical chart) i see false signal
do wee need another confirmation signal...

thanx

Thank you for your message. I don't see how to locate a screen shoot here, maybe I'll send it to you by e-mail?

Friday’s report
gbpusd
Gbp rose on 2.0040 and then there was a strong rebound downward. I succeeded to catch an up-candle and closed.
Then gbp dropped on 2.0040
Total = +23 points

eurusd
Euro under pressure of pound moves from resistance to 1.3930.
Sell orders could catch about 10 pips.

usdjpy
Yen fulfilled the scenario well, i.e. stably rose from 114.40.

usdcad
Cad is dropping downward, the signal to buy is not right, the pair cannot still leave falling bottom. Buy orders are not closed yet and bring loss.

Friday’s total
Gbp-account (demo)=+23 points
Master-account (demo) = buy usdcad orders are remaining

Gbpusd

W1 Market type=upper, approaching to sell. The phase= break through above zero line, middle. On the whole, gbp will be in flat (to form a good signal to sell). Flat scenario= trade inside channel and at the same time to buy from bottom more carefully and to sell more intensively from resistance.
D1 Market type = middle 50\50. Attempts to develop downward trend, and rebounds upward. Selling can be considered at swings only. On the whole, it is preferable to buy, buy with a small lot from 2.0150, target - 2.0230. Good support 2.0050.
4h Market type = upper. The phase - rise to zero from bottom and then flat. You may buy gbp carefully during drops.

eurusd
W1 Market type = upper flat, signal to sell is forming. The phase = upper flat about 1.39. Signal to sell is not good, that's why all drops = rebounds.
From 1.39 you may sell, but it may be a bit higher.
D1 Market type = almost resistance, upper flat, buying is not considered. The phase – drop to zero. Higher 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).
4h Market type = upper flat. The phase - test of resistance (first impulse, you can buy on 1.39-1.3930) and rebounds. Higher 1.39 - sell, at swift drop - sell, stop selling close to 1.3820 (to reconsider the situation).

usdjpy
W1 Market type = rising flat. The phase - slow rise from 113, reference point to 117.41 and 118.60
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.
D1 Market type = 50\50 zero line flat. The phase – it is preferable to buy, especially after rebounds. First target – 116.20, support 114.20
4h Market type= upper flat, swift rise may be after rebounds on 114.40. Rise may go on with breaking through 115.25

Usdcad
W1 Market type = down, flat. The phase =smooth drop and rise from bottom. During drops to existing levels of supports the pair can be bought. Up-trend of the pair is expected.
D1 Market type = down, at the bottom, the CCI - signal to buy, selling is not considered.
4h Market type = down, flat. The phase – at the bottom with attempts to move up. Scenario - buy only, order defense - 1.0295.

I am a bit busy today, so I'll post signals tomorrow only. Sorry.

Wednesday 19.09.2007

Gbpusd
W1 The week has changed. Market type=50:50. The phase=flat, preferable to buy gbp, on this TF you may see that neighbor extremums are on the same price level, it can be considered as broad flat and high probability of price conformity. Drop lower 1.9740 can completely destroy the scenario. First good support – 1.9850. Upper line of channel is 2.0283.
D1 Market type =middle. GBP may meet resistance on 2.02. Flat with weak rising traces. All will depend on euro, if euro is down, gbp will drop more.
4h Market type = middle. The phase – flat higher zero line, gbp may drop at once or after test 2.02. Target-2.0.

eurusd
W1 Market type = upper, signal to buy is ready for 90 %. The phase = a thorn up is possible on test 1.4 and from there strategic bear’s attack will begin. Be ready to sell.
D1 Market type =upper. The phase – small thorn up and then minimum – flat, maximum – intense dropping. Sell from 1.4, order defense – 1.4030. You may buy if euro begins dropping without resistance test but it is not likely.
4h Market type = upper. Signal to sell after flat and euro will begin dropping to zero


usdjpy
W1 Market type = rising flat. The phase = slow rise from 114, reference point to 117.41 and 118.60.
Unchangeable, the pair can be bought during drops to fulfill the weekly scenario.
D1 Market type = 50\50 upper zero line flat, zone to sell has just begun forming. The phase – it is preferable to buy, especially after rebounds. First target – 116.40, support 115.10.
4h Market type= upper. The phase = test 116.40 and decreasing flat.

Usdcad
W1 Market type = down, bottom, zone to buy. The phase =rising flat. Up-trend of the pair is expected.
D1 Market type = down, at the bottom. The phase – there is a possibility to set a new bottom near 1.01. If the pair does not rise, next drop is very probable. Though buying was not worth, but scenario is better to start with buying and if Cad does not give up, defense. At the same time if Cad is in flat, 100 pips of profit can be got.
4h Market type = down. The phase – attempt to rise in flat.

Wednesday’s report
gbpusd
Gbp fulfilled the scenario and after a small flat dropped on 2.0 and a little lower.

eurusd
Euro was in flat with lowering, it is hard to name it selling, there was no buying at all.

usdjpy

Yen fulfilled the scenario, rose till 116.30 and dropped till 115.80.

usdcad
Cad has become predictable at last, moved to a new bottom and began to rise from there. Those who bought from there could get about 80 pips of profit within that day. I bought before, that’s why I did not open new orders.

Gbpusd
W1 Market type= 50:50. The phase=flat, preferable to buy gbp. There is a rebound from zero line down and then rising flat. Buy the pair after drops.
D1 Market type =a little higher bottom. The phase = rising flat, zone to buy is 9960-30. Drop lower 1.99 cancels the scenario.
4h Market type = a little higher bottom. The phase – flat to zero line, gbp may drop on 9950-35, buying wave begins from there. If it is stopped, bottom test 9870 will begin. First buy target is 2.0050.

eurusd
W1 Market type = upper, signal to buy is ready for 90 %. The phase = a thorn up is possible on test 1.4 and from there strategic bear’s attack will begin. Be ready to sell.
D1 Market type =upper. The phase – flatting up and down. All current rises are attempts to find best sell price. Euro unlike gbp has not fulfilled drops.
4h Market type = close to resistance. The phase= zero line test, there are 2 scenarios. If zero lines springs, resistance test will follow and then selling. If zero line will be broken through, drop will follow at once and tops reached during last days can be considered extremums.

usdjpy
W1 Market type =middle, zero is reached. Movement is speeded up, impulse is needed to break through 116.40. Current phase = break through zero bottom-up is expected. Buy the pair from 115,10 and 114.30, Target to 117.41 and 118.60
D1 Market type = upper. The phase – flat, resistance flat and drop is possible from there. Selling can be without resistance test, buy the pair after drops.
4h Market type= higher middle. The phase = flat near zero line. Scenario- zero line will spring and impulse up will follow.

Usdcad
W1 Market type = down, bottom, zone to buy. The phase =rising flat. Up-trend of the pair is expected.
D1 Market type = down, bottom. The phase –set support, thorns down are possible, but general movement is up to zero
4h Market type = middle, zero line. The phase – attempt to break it through from bottom. Buy cad from1.0120 .