Updated.......... Using Daily only now.
This was a system idea but now running as a journal. in the mix are my daily and 4H trades.
Trading a wide range of pairs off the daily...inc CFDs
Using 20 BB with 7CCI still looking for divergence for trend reversal and convergence for trend continuation.
Long price hits lower BB then once the CCi give a divergance take a long once the the bar closes. (tend breaks are also nice to ad to confirmation)
Sell price hits higher BB then once the CCi give a divergance take a sell once the the bar closes. (tend breaks are also nice to ad to confirmation)
Once the daily bar closes off the BB with divergence i place stop order under or above the high/low to enter in the signals bars direction.
Management.
TP to MID band. normally 100+ pips... secondary TP, close half at mid band move SL to BE and look for a run to the opposite band. Close once hit.
hope it helps people make some $$$.
Demo I have seen excellent results live went well till i pulled a fat finger and lost the plot. All trades are live my updated TE is running while I trade. its really a mix of keeping my cool and trading the same way i did on the demo, live.
I know I can get there, I have turned 3+ demos into 70-110K from 50K it's all between the ears!
This was a system idea but now running as a journal. in the mix are my daily and 4H trades.
Trading a wide range of pairs off the daily...inc CFDs
Using 20 BB with 7CCI still looking for divergence for trend reversal and convergence for trend continuation.
Long price hits lower BB then once the CCi give a divergance take a long once the the bar closes. (tend breaks are also nice to ad to confirmation)
Sell price hits higher BB then once the CCi give a divergance take a sell once the the bar closes. (tend breaks are also nice to ad to confirmation)
Once the daily bar closes off the BB with divergence i place stop order under or above the high/low to enter in the signals bars direction.
Management.
TP to MID band. normally 100+ pips... secondary TP, close half at mid band move SL to BE and look for a run to the opposite band. Close once hit.
hope it helps people make some $$$.
Demo I have seen excellent results live went well till i pulled a fat finger and lost the plot. All trades are live my updated TE is running while I trade. its really a mix of keeping my cool and trading the same way i did on the demo, live.
I know I can get there, I have turned 3+ demos into 70-110K from 50K it's all between the ears!