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My CCI method+ on EURUSD 5 min chart


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My CCI method+ on EURUSD 5 min chart

 
Nasdin94
Singapore, Jurong West
 
Posts: 128 since Oct 2011
Thanks Given: 11
Thanks Received: 114

What about in a ranging market?

How do you tell or define from your system that the market is currently ranging?

How do you profit in a ranging market?


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 rronz 
Los Angeles, US
 
Experience: Intermediate
Platform: NinjaTrader
Trading: ES
Posts: 11 since May 2011
Thanks Given: 6
Thanks Received: 1

What are the details's of your method entries? exits? and stops?

What are the details of the count back trade? What are the primary
setups watched for?

Are these rules shared in the forum?, are they sold? I would
like to recieve a copy as I use 2 CCI's, fast and slow for some of my signals.

Thanks

Ron

 
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284


Although you can see that this is not FX or a 5 min chart, if you examine the chart, you will see most of my system explained on the trades on a CL 6 tick (r) chart. You can apply the methods, setups, or system to anything you trade and most any tradeable time frame or tradeable tick chart.
Good trading.
WK

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 fxhst329 
Bratislava, Slovakia
 
Experience: Advanced
Platform: NT, MC, TS, MT
Trading: Oil
Posts: 8 since Aug 2011
Thanks Given: 0
Thanks Received: 5

do you trade this live?

 
 
longboat's Avatar
 longboat 
Philadelphia, Pa
 
Experience: Advanced
Platform: Ninja Trader
Broker: Amp/CQG
Trading: CL, ES
Posts: 149 since Jun 2009
Thanks Given: 902
Thanks Received: 217

ESFXTrader could you tell me what your EMA's are that you are using for CL, TF and ES? I would appreciate it so I make sure I have it correct. Thanks for your posts.

Longboat


 
sequentialb
USA
 
Posts: 16 since Jul 2010
Thanks Given: 0
Thanks Received: 3

Anyone trading this method and if so, can you explain more about the criteria for entries?

 
 jdrower 
Alameda, CA
 
Experience: Intermediate
Platform: Sierracharts
Trading: NQ
Posts: 45 since Oct 2011
Thanks Given: 177
Thanks Received: 30

ESFX
I see on the 14-CCI region your progression of numbers starting after a Hook From Extreme with number 1 going to #5. What determines
1. Where they start
2. What causes the count to stop and restart
3. What happens after the end of the 5-count?

Thanks
JD

 
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284

Private Message:
"I just found your other threads! I didn't know you had more than the 2 older ones on your CCI method. It looks like you definitely improved things. Congrats!
I have a silly question. I know you like to take trades at the outer Bollinger Bands, but in a strong trend price will ride and even break that extreme for 3 or 4 bars. How do you know not to take those? CCI and RSI will be against you and I would bet you do not always get divergence telling you to take it.
If you prefer I can also post this question on one of your threads too. Thanks I think I will take a trial of Dv Pro and see how your method works with the proper moving averages.
Thanks for sharing your new methodology! Keep up the great work. I am going to study the threads again before I take my 2 week trial.
thanks
Rob
"Longboat"

Thanks for the interest and I believe I have covered the questions in the above posts but I will add to it here.
Here are current charts on 6A-Aussie Dollar on which I have marked some of the trades and shown why one does not always take a reversal at the BB's. First, when in a trade, one would hold till best exit, then Divergence and pulling away from the BB's before re-hitting it play a part in whether or not to take the trade as a reversal or exit the trade one is holding. If you have not traded price action in this manner, perfect in on paper trading or on a demo before live trading. I have had great success for many months now and most trades are winners.
Good trading.
WK

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ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284


jdrower View Post
ESFX
I see on the 14-CCI region your progression of numbers starting after a Hook From Extreme with number 1 going to #5. What determines
1. Where they start
2. What causes the count to stop and restart
3. What happens after the end of the 5-count?

Thanks
JD

JD,
Please check this thread for the Q's. Thanks.

WK

 
ESFXtrader
West Coast of Florida
 
Posts: 505 since Jul 2010
Thanks Given: 56
Thanks Received: 2,284


Simplifying WK's Trading


You ask for it. So here it is. Simplified to the utmost. I will describe the trades on ES for 4/23 and 4/24 using no indicators below. Using only a 30 minute chart to keep it simple.
Go to the above entry and see just how simple my system truly is and how you can use it on any time frame and contract.
It can't get any easier than this. I hope everyone can now see just how good this is. You can't beat it.
Use a chart on which you prefer to trade and prove it will work for you. Let me know how well it works.
Good Trading.
WK


 



Last Updated on December 21, 2014


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