35854 replies to this topic

[Gorrat]

Thanks will check over the weekend....

[HDB]

and Gorrat, if you using loner time frames, then your will have to change your moving averages and use a higher CCI...maybe 20 or 50 depending on backtests results!!

[HDB]

HDB and esteemed colleagues: I have always been very sceptical (or scared rather) of these quick in and out 15min - 45min trades. Maybe its just me or my lack of size in the testicular region but they make me very nervous. I have no doubt the CCI model gives great entries on the 5m chart. I am still battling to formulate exits.

Due to this inherent fear I applied the same CCI system to the daily chart. Using same frequency MA and CCI. Check it out. If youre a longer term player you will be pleasantly suprised. I have decided on using a sliding rule fixed exit to capture profits whilst maximizing them.

Welcome back HDB! You made my day!

 

Yes Gorat it works on all time frames... the longer the time frame, the less riskier the trade and  the bigger the profits.. Lower time frames will give you whiplashes...therefore if using lower time frame I said wait for the cci line to more than 45 degrees when it cuts above or below 0....more momentum!!

 

Can use for share trading as well!!

[Qbre77]

This system PM to Delta...

Use it at your own peril but don't abuse me..

 

 

ok here it is...made little on a short today and then big money when it showed a long..

 

Its a simple system but for me it works..

 

 

1. Open up a 5 minute chart

2. Use 3  smas   a. 3. day  b.  10 day and c. 204 day

The 204 day is not really required but I use it to show me longer term trend

3. Open up CCI indicator...Use 14 days cci

4. Now watch the zero line on the CCI as well as the cut between the 3 day and 10 day sma.

 

Now

 

1. When 3 day cuts 10 days sms to the upside and when CCI goes above zero line...go long

Both must happen...Do not enter when only one happens

 

2. reverse for shorts

 

 

if you enter long and cci then reverses below 0, take a loss and close trade

 

For exits I use macd and stochs to  give me exit signal..

 

 

Use this system and tell me how it goes.In fact I will say try it on dummy trades first and see if it works!!

 

If you happy with it, pm me and then I will take u a step further for pullbacks and trend reversals!!

 

 

happy trading!!

 

[Gorrat]

HDB and esteemed colleagues: I have always been very sceptical (or scared rather) of these quick in and out 15min - 45min trades. Maybe its just me or my lack of size in the testicular region but they make me very nervous. I have no doubt the CCI model gives great entries on the 5m chart. I am still battling to formulate exits.

Due to this inherent fear I applied the same CCI system to the daily chart. Using same frequency MA and CCI. Check it out. If youre a longer term player you will be pleasantly suprised. I have decided on using a sliding rule fixed exit to capture profits whilst maximizing them.

Welcome back HDB! You made my day!

[gamma]

Hi Gamma....Yes was away...forum takes a lot of your time and with some bad experiences frm some members was juts not worth the effort! Anyway gave me time off to design this CCI  system which is still in development and testing stages and I put it in the forum for FREE to share!!  and input from members to correct any mistakes I made developing it!!

 

Gamma  you should try it on the cfd shares for short term trading.. Think it will work there as well. I haven't used it there though as im more medium term cfds now!!

 

Ok cool. Will give it a shot! I've been too busy to trade actively of late but I miss it...

[BBW]

Grant its on this thread a coupla pages back,,,Just read through thread. I have tons of Pms..cant cope!!

+-p.9 or 10 at this stage

[bear catcher]

HDB post if it turns plse

[HDB]

Hey HDB - I missed it, can you prv it to me pls?

Grant its on this thread a coupla pages back,,,Just read through thread. I have tons of Pms..cant cope!!

[@sirgrantfleming]

Hi Gamma....Yes was away...forum takes a lot of your time and with some bad experiences frm some members was juts not worth the effort! Anyway gave me time off to design this CCI  system which is still in development and testing stages and I put it in the forum for FREE to share!!  and input from members to correct any mistakes I made developing it!!

 

Gamma  you should try it on the cfd shares for short term trading.. Think it will work there as well. I haven't used it there though as im more medium term cfds now!!

Hey HDB - I missed it, can you prv it to me pls?

[HDB]

cci going sideways on 0...no momentum yet...wait for longs or could be a short if falls quickly below...Do not jump the gun!!

[bear catcher]

Closed long at 44210 600 point from top. If 44200 breaks will see 43800 but seems like very strong resistance

[Shortboy]

Outta my longs at 44520

Great stuff GB! Thx for your trending input, makes sense.

Got out of longs,unfortunately, just before the NPN induced rise and am still short. Got a bit sweaty there but held on and am still in with 3 of 4 positions now back in the black. I will be watching for long hedging opportunity this afternoon as per A's Friday afternoon short covering, especially if we have a steep down during today. 

[Dallas]

Was thinking the same thing delta...

[Vertebrae]

V not with you here.

Can you tell me where you got your figure of 17206 from.

38% of what?

 

Aha! Glad you are checking. Of course the pattern points to its origin as a typical retrace, but this is often conservative guidance. So the retrace trade needs strategy, which needs to be of your own making. You are right to question and well advised to ignore other peoples ideas.

Meanwhile wave(iv) is doing its 'c' and my take is for symmetry and lower boundary bounce, but details of timeframe and behaviour along the way are in the eye of the beholder. Rest assured the market will try to shake everyone off its back.

Wave (v) is the business end of this bull - may the chart be your guide.

[delta66]

on 5min chart waiting for CCI to break 0 with crossover of ma3/10 to enter long

[HDB]

HDB good to see you back. You disappeared for a couple of months there mate? What happened? 

 

And now you back and calling the ALSI higher! 

 

In the words of Ronald...I'm loooovin it!

 

 

 

Hi Gamma....Yes was away...forum takes a lot of your time and with some bad experiences frm some members was juts not worth the effort! Anyway gave me time off to design this CCI  system which is still in development and testing stages and I put it in the forum for FREE to share!!  and input from members to correct any mistakes I made developing it!!

 

Gamma  you should try it on the cfd shares for short term trading.. Think it will work there as well. I haven't used it there though as im more medium term cfds now!!

[gamma]

Lekkery stop calling the top!!

 

If pound goes back towards R18 and if NPN goes back to its high of R1350 and if CFR pays another special divi of R10, anything can happen...maybe 46000 and beyond!!

 

 

HDB good to see you back. You disappeared for a couple of months there mate? What happened? 

 

And now you back and calling the ALSI higher! 

 

In the words of Ronald...I'm loooovin it!

 

[HDB]

You dont think its the restest HDB?..It always forms a double/round bottom

Definitely...and maybe a long from there for scalpers!!

[HDB]

You welcome...ill send you my bank details...Just deposit once at emd of month ok!!

 

anyone determined exit signals yet?? 

 

Today I noticed for my short exit - once 3 day ma strarts turning upwards?

anyway im out of this short trade a little late @443304

 

 

dammit should I say got out too early as CCi going back down!!