Disliked{quote} Hi Paul Thats very interesting about you being a member of Woodie's CCI room as I've heard he is an expert in trading my beloved CCI. I've heard he can trade charts with just the CCI and no candles at all and still make money.... Your comment about the 100 period CCI as the trend is interesting too as when I put it on my chart, the crossing of the 100 levels coincided almost perfectly with the 35lwma changing colour. But of course its not coincidence is it?? its because all these indicators take their information from the same place, price....Ignored
I like your direction with limiting the lines and indi's as much as possible. I see logical argument for observing higher TF action, but IF it's not necessary to do and you can still realize acceptable edge, then it comes down to personal choice, deciding between absorbing additional information to make a decision that may enhance your performance, or ignoring the HT, keeping decision making simpler. Personal choice and capability thing, but given my own performance under fire, I prefer to have the least decisions to make to avoid procrastination and pull the trigger.
Brings me back to the topic of approach. Systems will continue to be finessed and we will have points about adding and subtracting components - natural evolution I suppose, but after initial system learning, the crunch is how we trade it and future education regarding that is priceless imo. When a good trader starts talking about how they are evaluating the chart, what they're considering as they select, enter, manage and exit their trade - it's like gold given those traits and behaviours are key to development. You've given so much already but if you every run out of thoughts to share and are keen - more of this would be great to see - many thanks..Paul.