Quote:
Originally Posted by whs
Thank you Zak! You r wonderful!
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Why, thank-you. I love you too !!
Quote:
Originally Posted by reddog19
Hi Zac,
If you look at the GBPJPY H1 chart you posted, in particular the red vertical line at 01:00.
On my data feed, the value for CCI(84) at that point was about -175.
Does this mean you would ignore this trade or do you only look at CCI(21) for overbought or oversold conditions?
Thanks.
Great thread!
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Here's a snippet of all 3 CCI's at time of entry. Although the 84 was borderlining you'll see it was around -150 or thereabouts. The area between -150 and -200 is more dangerous than say -80 but it's still possible.
Do not trade short at -200 and use reduced stakes in the region between both levels
I hope this helps.
Today's lesson coming up shortly will focus on Pivot points and some little tricks to get the most from these indicators.