How to Day Trade with the Commodity Channel Index (CCI) - Tradingsim

Looking for an edge? Want to capture profits on short-term swing-trading? Consider using the CCI 5 which is a leading indicator. This system will remove the confusion when to enter and when to exit.

Here is how it works: Find out if the market is in a Bull trend or Bear. In this example we will assume the Market is in a uptrend Bullish. Look for stocks trading under the zone which is considered your setup. If the next day the stock trades higher, it will "Trigger" you in on the stock. When you are "triggered" in, place a sell-stop below the last pivot low.

If the stock continue to go higher, simply move your sell-stop to the last day's low. Don't Trade against the trend unless you are a seasoned swing trader 2. Don't try to second guess where the tops or bottoms are. Let the "shift in momentum" trigger you in. Look for Stock Hunter red bull icon.

Commodity Channel Index (CCI) [ChartSchool]

Happy Trading, -Stock Hunter. Click here to add your own comments. Join in and write your own page!

It's easy to do. Simply click here to return to Tips and Tricks. This is one of the best swing trading courses available. Swing Trader Guide - This is a home study course that teaches you how to trade stocks from full-time swing trader Kevin Brown. Looking for the best stocks to trade? Here is a list of the best scanning and charting services available today. Click a button and this software program tells you what stocks have historically been winning trades during the current month.

It also tells you exactly what day to buy and what day to sell to make a profit. Get key events for the day, technical setups and resistance levels, sector analysis and top stocks delivered to your inbox daily. Read some articles that other traders from around the world have written. Then submit your own trading ideas! Home Start here Beginners: Learn The Basics Intermediate: Know exactly when to get in and out of any stock with this trading fx options in jquery. Mar 05, CC!

Anonymous StockHunter, I would be remiss if I didn't say I enjoyed your post even though I am writing this on I am using Telechart and this is the formula for CCI5: Mar 05, Observation by: Anonymous I am curious it seems that a buy signal occurs when CCI5 is PLUS with same conditions you proposed.

Most profitable binary options software why don't you join StockTwits it's free and you will be exposed to like minded henry ar-7 aftermarket parts. May 26, Commodities Trading by: In some commodities there is is little or no retracement, can you comment on this please, Have seen your videos, good videos and easy to understand, Thanks andreas kirchberger forex killer. Jul 19, Great approach to trading by: Thanks, glad you like the swing-trade strategy.

Using leveraged ETF's stockbrokers sydney nsw reduce risk compared to individual stocks. This way I am always Bullish, using regular and inverse ETFs. It works for me and my swing-trading style. I can be reached at stockhunter vsantana. Jul 19, Shorting by: In this example we will assume the Market and the stock you're looking at is in a downtrend Bearish.

Look for stocks trading over the best cci settings for day trading which is considered your SETUP. If the next day the stock trades lower, it will "Trigger" you in on the stock to go short. When you are "triggered" in, place a sell-stop below the dell stock marketwatch pivot high.

If the stock continue to go lower, simply use a trailing sell-stop to the last day or two highs. Hope that helps you in your trading. Anonymous Hi Victor, Really like your setups and trading style - CCI 5MACD 5,9,2 and stochastic 5,1 - especially with leveraged ETFs. What's the best way to contact you searched but couldn't find an email address? Jul 02, short sell by: Jul 02, Gaps by: Excellent question -- I treat gaps as part of doing business.

If it gaps up and goes in your direction, then it is considered a blessing even though you had paid a higher price. But sometimes when it gaps and then pulls back, then that is where having a sell stop at the last pivot low comes in handy. That is why it is to important to first trade with the trend so that the odds are in your favor. Over time, you'll gain confident on your strategy so that gaps become become a welcomed event.

Looking at FAS daily chart, on Jun. Then on Jun 25th it gaped up an our entry is higher at On Jun 28th, price dip lower than Jun 27th lows, thus selling the remaining position for a 6. So on that trade scenario we had three gap-ups all in our favor. Jul 01, Gaps by: Anonymous Thanks for the great post.

How do you handle gaps? Seems like quite a few lately in TNA, FAS, and others. Jun 29, Thank you by: Kitichai Dear Stock Hunter Thank you so much for your kindness. Jun 29, Markets by: I mainly use it on leveraged ETFs, such as SPXU, TQQQ, TNA, FAS, DZZ, etc. There is so much action on leveraged ETFs, I finding less time for individual stocks. However, it will work on trending stocks as well. For regular stocks, I try to stick to IBD's top I like to keep it simple.

Jun 29, Reply by: Jun 29, markets by: Anonymous neat ; do you use it for ETFs only or for trending stocks too? Jun 29, Does it work with hourly time frame? Kitichai Does it work with hourly time frame?

Learn to Trade Trading Courses Trading Master Plan: Featured Article How to Scan For Stocks Looking for the best stocks to trade? See my list of the top technical analysis books that I think every trader should own. Comments for CCI 5 Click here to add your own comments. Great approach to trading by: Does it work with hourly time frame? Click here to add your own comments Join in and write your own page!