First off, I appreciate the comments. At times, it seems that we have a great way of getting ourselves confused, and frankly sometimes, I don't even look on here because I am afraid of what people are predicting 
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Anyway, I use 3 EMA's based on the high, low, and close based on 34 periods. You would be surprised how in a typical day, it bounces off of one of those lines. It also gives me some good typically safe entry and exits off of a trend.
In terms of CCI, it stands for a Commodity Channel Index, and it measures a deviation of the price based on the statistics of the currency pair. I use it for validation and timing. I run my CCI with a line for 20 periods and 9, and I time my entries when the lines cross on my 15 minute chart. The other part of CCI works like ADX with +100 indicating overbought, and -100 indicating oversold. Ideally, it is nice to see the lines cross outside of the
-100 to +100 boundaries, but that happens more on the daily chart. My trading plan is using only hitting the trend for 5 to 20 PIPs per trade. I can get away with that because my broker only charges .00002 per US dollar value of the trade so for example, let's say one lot is worth $93,000 in US Dollars then I only pay a $3.72 fee for the round trip ($1.86 in, $1.86 out).
.Anyway, I use 3 EMA's based on the high, low, and close based on 34 periods. You would be surprised how in a typical day, it bounces off of one of those lines. It also gives me some good typically safe entry and exits off of a trend.
In terms of CCI, it stands for a Commodity Channel Index, and it measures a deviation of the price based on the statistics of the currency pair. I use it for validation and timing. I run my CCI with a line for 20 periods and 9, and I time my entries when the lines cross on my 15 minute chart. The other part of CCI works like ADX with +100 indicating overbought, and -100 indicating oversold. Ideally, it is nice to see the lines cross outside of the
-100 to +100 boundaries, but that happens more on the daily chart. My trading plan is using only hitting the trend for 5 to 20 PIPs per trade. I can get away with that because my broker only charges .00002 per US dollar value of the trade so for example, let's say one lot is worth $93,000 in US Dollars then I only pay a $3.72 fee for the round trip ($1.86 in, $1.86 out).
