High Probability Trade Setups

While CCI trading I discovered and created a simple yet powerful indicator that is the best way to define the trend I have ever seen. 12 years of trading taught me that price action is everything and using an indicator to trade with the trend is very helpful.

Here is how it works. The green bars above or the red bars below the zero line are the True Trend and show if the current trend is up or down. Any reading of the true trend above the zero line is positive and means an uptrend in the market while any reading below the zero line negative or a downtrending market.

The thin blue line is called the EntryCCI. We use this to show when price is overbought or oversold against the trend. We are looking for the EntryCCI to be puled away opposite to the trend to have a setup and then wait for price to resume back toward the current trend.

http://clip2net.com/clip/m164735/thu...49c26-18kb.png

Here are the settings I use for these setups:

http://clip2net.com/clip/m164735/thu...38147-11kb.png

I am a firm believer of working together in order to help us all achieve our goals. I have also found that the more organized I am that the more focused I become. These scans of the market I do daily help me enormously and I will be sharing them with you all on this thread in video format. I will start off slowly so those following this thread can easily follow along.

Wednesday, January 23 (New York Session)

hello blue trend line, which parameters explain

If you click on the True Trend properties and choose the color tab, here are the colors I use for the settings so that your can match mine including the blue color for the EntryCCI:

http://clip2net.com/clip/m164735/thu...8e3f7-13kb.png

thanks, the moving average in the first post, graphic candles, which parameters thanks

Ignore the moving average as it is not used. Here are the settings I use for my charts:

http://clip2net.com/clip/m164735/thu...efaee-20kb.png

That should be everything as far as chart and indicator setup that is needed. Tomorrow or later this evening, I will post a new video of a review of the market for new trade setups.

Thanks so much for starting this thread avant-garde! I can't remember where I found your indicator posted but I downloaded it and incorporated it into my templates and it has been extremely successful! I use it along with TMA bands and Kijun-Sen on the 4H charts and it just fit right in like a glove and has been a great help. I still also like to refer to TMA Slope readings when entering trades but we all have our own individual styles. I am also, at your suggestion, looking at the 8H time frame. My only challenge is that I prefer toggling through 4H, Daily and Weekly views and the 8H charts don't allow adjusting to other time frames. Minor issue really.

Great video. Thank you again for your assistance and keep up the good work!

Hello all,

I will be resuming our regular scan of the markets for new trade setups. Let's begin with the current trading session.

Monday, July 15 (Close of New York Session)

Do I correctly understand that you do this (share) to keep yourself disciplined?

This is my routine and the scan of the markets keeps me organized and focused more so than discipline. Disciple comes from having a system or set of rules in place that you trust and therefore follow. Without having a trading plan it is impossible to be disciplined. If you have a good trading plan in place discipline is not an issue.

Although there are times you trade outside your system and that provides excellent opportunity to review your trade and find out what caused that bad decision in order to prevent it from occurring again. Personally, win, loss, or break-even - a trade outside my plan is a bad decision as it fosters bad habits going forward.

hi my friend

can you show us with picture your trade?

regard