Charts courtesy of AMP Trading, get a free demo account and paper trade
I thought I would try something a little different today and just give you the chart without any mark ups. See if you can find the good trades. I will give you a hint, entry points using the CCI was very difficult. Why? Look at the chart and look at home, at some crossovers, the CCI danced around the 100 lines like Fred Astaire. As you know, I like the lines to ascend or descend through the 100 lines with some authority. We didn’t have much authority today, even though the market provided some good trades. It was difficult to enter trades at the correct point and I was forced, several times, to use several indicators to in addition to the CCI today. DecisionBar was very helpful as the CCI failed to give clear entry signals. One of the two will usually augment the other, today DecisionBar gave the better entrys, while the CCI had me scratching my head. I eeked out a decent day, but it was a tedious day trading.


