I draw my own S/R to show where price is respecting levels, You will find Fib retraces often line up pretty well with these lines :) Draw your S/R first then add fibs, you'll see. CCI peaked and is now heading south. Current 50% Fib reversal, Hopefully we are all down from here! Good Luck Trading!
I replaced the MACD with the awesome oscillator.
TREND TRADING WITH RGMOV AND CCI 1. BUYS = Watch for RgMov to make a 2-month high, then buy CCI readings of -100 followed by trading above, then closing above a previous day's high. Exit at 3 ATR rally or when CCI reaches +100 adding each 1 ATR advance. Stop = 3 ATR's OR if RgMov makes a 2-month low on a closing basis (2 months = 44 days) 2. SELLS = Watch...
The CCI crossed above +100 in the last couple of days, and this is a good way to find stocks that are in the beginning of strong moving trends. The CCI has also reached an all time high, extremely bullish, and the price has gapped up over previous highs turning those areas into support. When the chart is moving fast like this, using the previous highs that are...
so its FOMC Day and i expect a decline after the statement, because of the CCI indicator flaging on 3 to 8 Hour Timeframes. its showing me there is a new leg coming. price is in correction mode at the moment. i tried to make some pips but with no luck :) my MT4 Charts -> prntscr.com I wish good trading
Price opened above 9 day and 9 was above 50 - buy signal CCI was in overbought territory, pointing upwards but with nowhere to go - out of momentum? Stoch - Both pointing upwards, kind of. Fast Stoch showing overbought, the cross had taken place 3 days prior and the move from that signal actually took place on the buy date. The 9 crosses below the 50 overnight on...
- CCI indicating overbuy - While main trend is downtrend (as indicated by 2 SMA 50 and 100) - Currently price have reached supply level and im expecting the price will go down
CCI shows oversold, SD level retested and major trend is still pointing up. I'm expecting CADJPY will continue uptrend
Trend lines hasnt been broken. Fresh SD level is retested. CCI shows oversold. Im expecting the price will go up strongly.
I have spotted an uptrend. I can draw anything on chart and i can even set an alert on an oscillator. I would like to go long when CCI is oversold (the pullback in an uptrend) to maximize my profit on an uptrend. This is a very useful features for me :)
DAX potential "smack down" from a 5-day time at mode signal ending on Thursday's close and note that the new 5-breakout-failure where a 5-day consolidation failed to lead to a new buy signal could be a sign of exhaustion up here ... A little drop and a sell signal is triggered (and CCI has crossed under +100 for a 4th time in this rally = typical of a bull market...
CM_Willams %R and CCI BackGround Highlight Created By User Request Indicator Highlights: Creates Red BackGround Highlight if CCI Or Williams %R are Above Upper Line (User Defined) Creates Green BackGround Highlight if CCI Or Williams %R are Below Lower Line (User Defined) Ability to Turn On/Off either Williams %R or CCI Highlights in Inputs Tab via Check...
Is the bearish trend over for AUDUSD? With the lows set in January being tested today the NFP print at the end of the week may well act as a catalyst for a bounce. Darren Wells www.zenpips.co
I am looking for the cable to continue pulling back towards the 1.500 mark confirmed by the three black crows formation on the monthly chart. W/C 29/09/14 will experience a lot of volatility with the NFP announcement at the end of the week. Unless there are massive deviations from the estimates. I would expect the decline to be steadier than it has been though...
This isn't a trade set up because I am on the fence with it at the moment, the commodity is at a make or break as it heads towards the $15 support line from 2010; The $15 - $17.50 mark is an important and wildly watched range for the commodity - There may be a bit more of a hit for silver to take over the week or two but using price action I wouldn't be surprised...