NINJA1
01-03-2023 09:43,
does anyone draw like cci or rsi?
Recently ive been doin so as extra confirmation for my own system. Not that it requires extra confirmation but theres no harm in learning another way to exchange
I attached a trendline break on 55 cci
basically how I draw em is I find 3 points at which the trendline has touched and then I wait for actions the next time that the indior becomes near the trendline.
When it breaks up and retains then ill buy
when it breaks and then goes back then sick sell
when it stinks then ill buy
and obviously vice versa
here the gbpchf 1h
there were approximately 4 points where the trendline was touched then we had a trendline break(plus a zero line cross which is a famed woodies cci system pattern)
after the break that the cci transferred back up to touch with the trendline then it went down. When the cci moved back up to touch with the trendline that would be the time to short.
I feel as though I should be posting this at the trading systems department but im not sure as im not actually describing a system but like showin how I do somethin(trendlines) and im really inexperienced at it too.
I dont know if the mods feel like this should be in the trading egies then please don't hesitate to move it there.
Simply wondering when others do this sort of trading
https://www.nigeriaforextrading.com/attachments/1518549566.jpg
Recently ive been doin so as extra confirmation for my own system. Not that it requires extra confirmation but theres no harm in learning another way to exchange
I attached a trendline break on 55 cci
basically how I draw em is I find 3 points at which the trendline has touched and then I wait for actions the next time that the indior becomes near the trendline.
When it breaks up and retains then ill buy
when it breaks and then goes back then sick sell
when it stinks then ill buy
and obviously vice versa
here the gbpchf 1h
there were approximately 4 points where the trendline was touched then we had a trendline break(plus a zero line cross which is a famed woodies cci system pattern)
after the break that the cci transferred back up to touch with the trendline then it went down. When the cci moved back up to touch with the trendline that would be the time to short.
I feel as though I should be posting this at the trading systems department but im not sure as im not actually describing a system but like showin how I do somethin(trendlines) and im really inexperienced at it too.
I dont know if the mods feel like this should be in the trading egies then please don't hesitate to move it there.
Simply wondering when others do this sort of trading
https://www.nigeriaforextrading.com/attachments/1518549566.jpg