Joe, you may be surprised but my CCi-M15 has "progressed" to 60 !!
I am trying to prevent the sort of thing Shaun is talking about and more importantly, although the CCi-15 is outstanding, there are far too many "false" signals to my liking. As we progress towards finding "better" entries, I research for hours on end to see what is better for me.

So, my CCi-setup for M15 = 60/5 and for the M5-chart it stays 34 / 5. This way I am extremely happy regarding entries. I will do my best to write up my "findings" in this regard during the day depending on trades.

Uploaded the ICWR as requested.

Best wishes to all.

Attached Files

ICWR COLOR-extensions.mq4 (14.5 KB, 39 views)

__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

Good morning Squire,

You seem to be so busy these days that I cannot even get hold of you. I have left numerous messages on Yahoo for you without hearing fro you, but I trust that you and your family are well and blessed.

Firstly, it may surprise you to know that i went short @ 09h25 as the price was still below the 34-EMA for +18 pips. If you are using the CCi-34/5 that I have suggested, you would see why the areas where you indicated that it was a "trap" did not catch me. Secondly, if you are using the SQ9(price) indicator, you should have a Support @ 1.9850-ish depending on your MT4. And finally, there were at least 3 Dojis in that period that must have signalled something to you.

Yes, Joe is correct about the M15 and you have been a 15-M protagonist for as long as I can remember which surprises me that you did not consult the M15. As mentioned in one of my posts, I run both M15 and M5 on one screen for this very reason and my H1 is always open on the second screen. You would have noticed that the price was making HIGHER LOWS and therefore it would have been better for the price to first break the Trendline before we traded short. My advice still is.............when in doubt stay out.

Feel free to contact me whenever it is convenient - I always enjoy our discussions. BTW, I particularly want to share something with you which European so very kindly shared with me.

Best wishes.

__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

Good morning Cl,

I do not blame you for feeling that way, but may I suggest that you take a new chart and just put the 2 CCi-combinations on it and study it as far back as it will allow you for entries. Let us discuss your findings afterwards.

Best wishes.

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"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

Just before I get too carried away, here is my first entry for the day @ 08h20 @ 1.9950 (my TS) - it ran to +16 before retracing and it seemed as if the price would not break the previous Hi @ 1.9961. Nevertheless, I stayed in until it stopped me out for +1 but for those of you who would have been satisfied with +10- 15 pips, it was there for the taking.

Please check the reasons for no-entries prior to my entry and see if you agree.

Best wishes.

Attached Images

this morning's entry.gif (33.4 KB, 129 views)

__________________
"Risk comes from not knowing what you are doing" The Tao of Warren Buffett.

"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.

Ah Thanks Valeo !

I see better with this indi.


Yes i'm agree with you, each will find his own settings, wich is happy with

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Picasso is the best !

Pretty sure this is going to help out frenzied traders looking for solutions. Just had to do a reinstall on a new PC where I am staying currently...

http://www.forex-tsd.com/xo-method/5845-xo_method-revised-32.html - weekly

http://www.forex-tsd.com/xo-method/5845-xo_method-revised-33.html - H8

http://www.forex-tsd.com/xo-method/5845-xo_method-revised-34.html - H4

Hourly XO_Method REVISED

http://www.forex-tsd.com/xo-method/5845-xo_method-revised-36.html - M5

M15 also (same as M5???????????????????) -- I cannot remember the subtle altercations on M15 but will look them up and edit later.

That saves people wondering where to get the indicators/charts/instructions.


Talking of CCIs, here is the CCI indicator that you can use over Woodies. So I now have 34 and 15 and 5 all on 1 x CCI window (I am using pale green and thickening the line to +2 for the 3rd CCI).

Attached Files

CCI.ex4 (3.8 KB, 19 views)

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LIVE Tradedesk thoughts. LIVE forex trader news commentary. suk1000k's FOREX LESSONS that will make you profitable trader, a relationship with London Forex Broadsheet and much more... PRIVATEFXCLUB.com

Well it's 3 am here in Central time. Last night i did that very thing, and found the longer term to be better. Used in conjunction with the longer term time frames CCI as well i think it is superior. - Edit - I think the CCI 15 is "more aggressive". This system isn't about being aggressive. Just my thought now after "viewing" history. :-)

Short GBPUSD @ 1.9946.

Best,

cl

Please see the pick below. I closed the short out for a quick +7 because of the overheating CCI-5. This is purely a learning point for me. Does the overheating overrule any other signal. Or, should one look to longer time frames to see if the overheating signal should be taken.

Valeo - Any chance you had time to save your new templates?

Best,

cl

Attached Images

v72908.gif (25.4 KB, 119 views)

Hi Valeo

I took the same trade - got same price (1.9950) and got same result too!

Thank you.

Don't let me alone in short

Come on !

Attached Images

GU 290708.jpg (95.3 KB, 116 views)

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Picasso is the best !