CCI Indicator Trading Strategy with Support & Resistance Levels 🤛

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CCI Indicator Trading Strategy with Support & Resistance Level http://www.financial-spread-betting.com/Commodity-channel-index.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Support and resistance trading with the CCI indicator. Using the CCI to better time your support and resistance fade trades. We use the CCI on standard 20 period setting although we could probably tweak this a bit - say 14. There is no holy grail to this - trading is never black and white, you have to adapt. If we are coming down to support we have to double check that the trade is okay by looking at the CCI indicator oscillator below - if it is in the oversold region (below a 100) we are good to go, otherwise we wait. We only go short in an overbought condition and only go long in an oversold condition. I would say you could even substitute this with an RSI or Stochastic; they are all quite similar in what they are trying to achieve. 15 minute charts are okay, daily is okay as well - the higher timeframes are probably better than the shorter ones.

Here's another idea strategy on how to use the CCI and exponential moving averages in tandem: https://www.youtube.com/watch?v=WG6O_GH_Xow

If you need information about support and resistance check our other videos on this channel by simply searching for "support and resistance" or click on https://www.youtube.com/user/u....kspreadbetting/searc

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  Forex Trading