YM Trading with CCI 14 on 10 minute chart

May 27th, 2013, 09:57 AM

I have been paper trading the YM on the 10 minute chart using CCI 14 zero crossover.

Also I have been using CCI trendlines and trading CCI trendline breaks. i.e., when CCI begins making lower prints I draw a line connecting the tops and trade when it breaks up (going long). Same for when CCI is below 0 I go short etc.

Then when it crosses zero I place a trade if it reached + or - 100.

Since last month I have paper traded this way 83 times. Using 1 or 2 lots and sometimes trailing the stop and other times setting a 5 tick profit limit I have a paper profit of $1975.00 after commissions.

Has anyone here done this or have suggestions for when I start to trade with real money?

Fred

May 27th, 2013, 10:13 AM

if you'd post a couple of screen captures to illustrate your setups it would certainly help. Context is important so showing a CCI trendline break in context would certainly be a good thing. As a rule of thumb the more clear is the message the more chance you have to get some feedback.

A couple of weeks ago there was a webinar on CCI maybe your setups are similar (Advanced CCI trading techniques):

Webinar: Short Term Momentum Trading

Hi guys,

It is my pleasure to welcome Martin Rimes from Hit The Mark Trading on Tuesday, March 19th @ 4:30 PM ET. Mirus Futures has provided the introduction, so they will be sponsoring this webinar.

I asked Martin to prepare a webinar based on …

May 27th, 2013, 10:18 AM

Thanks I am going to watch the video. I don't have any screenshots but I can get some together and post them.

May 27th, 2013, 12:12 PM

flewis777

Thanks

Please remember to use the thanks button.

Mike

YM Trading with CCI 14 on 10 minute chart

Discussion in Emini and Emicro Index

YM Trading with CCI 14 on 10 minute chart