Trading with woodies CCI Patterns

posted by saamuu on Thu Aug 09, 2012 12:37 pm

call gave at chat page..posting the chart here.good risk reward ratio by cci .1 rs stop targ 3 rs.done in bhel,



posted by mayurs on Fri Aug 10, 2012 03:16 am

Hi Saamuu, You have a nice command on the Woodie CCI indicator. There are some time when you take trades on the 15 mins. charts and some times you look at 30 mins. charts. How do you decide on which time frame to trade? Mayur

posted by saamuu on Fri Aug 10, 2012 04:02 am

thanks mate first identifying the setup in 15mins and 30 mins.. once that is done..wheather to take a trade or not .see 5 mins if that allows go for entry, after entry some pts are moved see 15 mins wait for target to reach..when +100 reach see at 30 mins trend is still bullish run for +200, after +200 book wait for retracement..after it forms another setup look 30 mins now still it bullish then again trade.. if 30 mins trend changing..then change to sell mode,

posted by mayurs on Fri Aug 10, 2012 04:44 am

Thanks, Nice explaination.... Do you use the 20/9 parameters on all time frames or you make the changes with different time frames? Mayur

posted by sanjay on Fri Aug 10, 2012 05:13 am

Thanks Saamuu for your trade identification explanation... its really helpfull. Just one more thing what should be the sl?

posted by saamuu on Fri Aug 10, 2012 06:27 am

bullish ghost which is already formed trading on breakout targ 100/200 cci,



posted by saamuu on Fri Aug 10, 2012 07:55 am

cci trigered buy 5314,running long with stop now

posted by sanjay on Fri Aug 10, 2012 08:22 am

Saamuu Bhai can u pls Share the afl of cci pane u r using? I have downloaded three afls from this forum but none matches urs. :(

posted by saamuu on Fri Aug 10, 2012 08:34 am

change the color of the background and disable ncci.u will get..the one posted in the forum only hidden divergence from me sanju :)

posted by sanjay on Fri Aug 10, 2012 08:57 am

Image Saamuu bhai , sorry to disturb u again I have uploaded a sample chart which I dont think is the same one u use. pls chk

posted by saamuu on Fri Aug 10, 2012 09:04 am

cci struggled to pass 0 and re enter long abv 0 line..still ghost is valid.may be one more low it can make



posted by saamuu on Fri Aug 10, 2012 09:05 am

sanjay will post today evening

posted by sanjay on Fri Aug 10, 2012 09:11 am

Image Thanks Saamuu Bhai :))

posted by saamuu on Fri Aug 10, 2012 11:59 am

CCI REVEALS all 1.we traded long 5314 bcos fo ghost bo.. 2.cci struggled to cross 0 line and formed zlr gave exit on buy (3 rs stoped out) and informed one more low is there..and nifty made low of 5294 from 5311 3.divergence again at cci and almost near -200 so no need to sell.that was the low for the day. 4.informed to trade again long abv 0 line.5302 to 5330 ..which hits +100 cci,thats our 1st target and that was the high of the day till now +200 is 2nd target. cci reveals all .we only have to take the trade.enitre move of the day its telling we only have to adopt it



posted by pushpa on Sat Aug 11, 2012 05:17 am

My chart also looks very similar to what sanjay posted. Disabling NCCI and changing background color doesn't make the chart look as the one you post Saamuuji. Me too waiting.... for the afl.

posted by saamuu on Sat Aug 11, 2012 07:25 am

@mayurs 20/9 for all intra charts and 14/6 for higher degree @sanjay check the charts stop mentioned stop reversed back to 0 so few pts below -100. if we buying ab -100 means few pts below -200 line.and vice versa

posted by sanjay on Sat Aug 11, 2012 10:21 am

Saamu Bhai... afl pls....

posted by sanjay on Sun Aug 12, 2012 03:41 am

Thanks Saamuu Bhai for the afls . Now I found out the difference wwas in the parameters. the one u posting is CCI 20/9 and what I was using was 14/6 Please dont mind me asking for afl again and again. As I am at early stage of learning and following ur posts for guidence , I thought it would be better to understand if I had the same charts as yours. Thanks again Sanjay

posted by saamuu on Sun Aug 12, 2012 04:44 am

sanjay noo problem at all bhai.. at my learning process nobody was there to help me..that pain i know it verywell,thats why i am trying to help or teach peoples what i know. dont hesitate to ask querys and request at all...i am finding pleasure in tell what i know,i will be happy even single person makes money using studys of cci

posted by saamuu on Sun Aug 12, 2012 11:27 am

woodies cci ncci disable one


Woodies cci