Hi all,
Thought I would post a little introduction and ask for opinions on my trading system, if you would even call it a system as it's very simplistic.
My name is Lee, I started learning the Forex about 2-3 months ago, I have read all of Babypips, Forex4Noobs, FXStreet, attended many of the webinars there, and also read thousands upon thousands of forum posts from those places.
I found this website today, and it's just the best! Everything I need in one place to be honest!
I've been demo trading in the 2-3 months that I have been learning, and have been rather succesfull.
I use the Oanda platform. 1 minute candles. Bollinger Bands (Default settings (14,2)) and CCI (Defaul settings also (14)). I generally trade on the bouce but do wait for a confirmation candle, whilst also using the CCI as a confirmation of overbought/sold.
It's proving me succesfull most of the time. What do you guys think? What do you think is better between CCI and RSI?
Thanks for reading,
Lee.
Thought I would post a little introduction and ask for opinions on my trading system, if you would even call it a system as it's very simplistic.
My name is Lee, I started learning the Forex about 2-3 months ago, I have read all of Babypips, Forex4Noobs, FXStreet, attended many of the webinars there, and also read thousands upon thousands of forum posts from those places.
I found this website today, and it's just the best! Everything I need in one place to be honest!
I've been demo trading in the 2-3 months that I have been learning, and have been rather succesfull.
I use the Oanda platform. 1 minute candles. Bollinger Bands (Default settings (14,2)) and CCI (Defaul settings also (14)). I generally trade on the bouce but do wait for a confirmation candle, whilst also using the CCI as a confirmation of overbought/sold.
It's proving me succesfull most of the time. What do you guys think? What do you think is better between CCI and RSI?
Thanks for reading,
Lee.