We are all One. Be present. Be the Observer
- #94
- Edited 4:56pm Mar 5, 2012 4:36pm | Edited 4:56pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
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DislikedIamfx
You might increase your win rate by placing trades when close to pivot pointsIgnored
DislikedG'day FC and others
Following the recent PM I sent here are some charts to illustrate how I trade CCI divergence. After 3 months live trading and around 100 trades an edge possibly exists but it is pretty small. I'm hoping someone maybe able to increase the win rate which is currently slightly better than 60%. R/R is a nominal 1:1 with slight adjustments to avoid round numbers. TP and SL 12 pips. I use atr period 5 above 6 to avoid a flat market and generally trade 1 hr either side of London Open. As the charts show I'm looking for a CCI peak above...Ignored