Hello Everybody,
Intention of this thread is to learn, to develop, to improve, to diszipline, to automize, to build confidence and last but not least to help each other.
SYSTEM:
Following the CCI-Candle
Pairs:
should work on all pairs, commodities, indizes, stocks
Time Frames:
should work on all TFs
Rules:
Setup:
Enough (depends on TF) space to next sup/res, RN, MA 200
Entry long:
coloured MA is green and white bar changes to green candle
SL long:
low (minus 1 pip) of entry candle
Exit long:
Basic- green candle changes to white bar
Advance- SwingHigh, RN, EMA200, SupRes, Trailing Stop
Entry short:
coloured MA is red and white bar changes to red candle
SL short:
high(plus 1 pip) of entry candle
Exit short:
Basic- red candle changes to white bar
Advance- SwingHigh, RN, EMA200, SupRes, Trailing Stop
Tools:
CCI-Candles
MA in ColourLWMA(35)
Exponential Moving Average(200)
Support and Resistence
Round Numbers
Large Candles ( Higher Timeframe)
Money and RiskManagement:
depends on every traders experience, account, leverage, margin and.
I recommend the unexperienced trader to start with a demo account and get familiar with this trading approach.
Informations:
Trading for about 15 years now (part time) due to fulltime job. There is of course some passable experience.but without success so far.
I ran Forex Factory up and down looking for a trading style that suits to me. I think this is the most difficult part of the whole story...to find out: what type of a trader am I?
Most of the money I lost during all the years was because of my impatience and indiscipline.
Therefore I decided to start this thread to have a certain responsibility and be forced to follow the rules (discipline) and not jumping from timeframe to timeframe (impatience).
I intend to find some traders here whose trading style is nearly superposable to mine. Perhaps it is possible to develop and finetune
this strategy to get a positive equity.
This first page will be the heart of the thread. All updates will be found here so it is easy for new readers to get the freshest overview.
Due to my fulltime job it is possible for me to be online Monday-Friday @ about 18:00 (GMT+1) up to 22:30 and at the weekends there is
more time.
I am a friendly, helpful and respectful human and expect the same behaviour from all participants.
More details will surely follow during the thread.
I hope some people are interested to make this trading approach getting successful.
Let`s go!
Intention of this thread is to learn, to develop, to improve, to diszipline, to automize, to build confidence and last but not least to help each other.
SYSTEM:
Following the CCI-Candle
Pairs:
should work on all pairs, commodities, indizes, stocks
Time Frames:
should work on all TFs
Rules:
Setup:
Enough (depends on TF) space to next sup/res, RN, MA 200
Entry long:
coloured MA is green and white bar changes to green candle
SL long:
low (minus 1 pip) of entry candle
Exit long:
Basic- green candle changes to white bar
Advance- SwingHigh, RN, EMA200, SupRes, Trailing Stop
Entry short:
coloured MA is red and white bar changes to red candle
SL short:
high(plus 1 pip) of entry candle
Exit short:
Basic- red candle changes to white bar
Advance- SwingHigh, RN, EMA200, SupRes, Trailing Stop
Tools:
CCI-Candles
MA in ColourLWMA(35)
Exponential Moving Average(200)
Support and Resistence
Round Numbers
Large Candles ( Higher Timeframe)
Money and RiskManagement:
depends on every traders experience, account, leverage, margin and.
I recommend the unexperienced trader to start with a demo account and get familiar with this trading approach.
Informations:
Trading for about 15 years now (part time) due to fulltime job. There is of course some passable experience.but without success so far.
I ran Forex Factory up and down looking for a trading style that suits to me. I think this is the most difficult part of the whole story...to find out: what type of a trader am I?
Most of the money I lost during all the years was because of my impatience and indiscipline.
Therefore I decided to start this thread to have a certain responsibility and be forced to follow the rules (discipline) and not jumping from timeframe to timeframe (impatience).
I intend to find some traders here whose trading style is nearly superposable to mine. Perhaps it is possible to develop and finetune
this strategy to get a positive equity.
This first page will be the heart of the thread. All updates will be found here so it is easy for new readers to get the freshest overview.
Due to my fulltime job it is possible for me to be online Monday-Friday @ about 18:00 (GMT+1) up to 22:30 and at the weekends there is
more time.
I am a friendly, helpful and respectful human and expect the same behaviour from all participants.
More details will surely follow during the thread.
I hope some people are interested to make this trading approach getting successful.
Let`s go!
Have a nice day
. I know your thread, have enjoyed it very much and gladly admit that after testing a lot of different approaches I took the idea of CCI-trading and the 35 LWMA from your thread.
.
