CCI Trading Strategy

Links:
tradingstrategyguides.com/cci...
In this conversation, Casey Stubbs introduces a day trading strategy using the Commodity Channel Indicator (CCI). He explains the background of the CCI and its use in identifying buy and sell setups. The strategy involves looking for divergence as a signal and waiting for the indicator to cross certain levels. Entry and exit points are determined based on the indicator's movements. Casey emphasizes the importance of setting stop loss and waiting for divergence before taking trades. He concludes by offering to trade the strategy live if there is enough interest.
Takeaways
The Commodity Channel Indicator (CCI) is a useful tool for identifying buy and sell setups in day trading.
Divergence between the CCI and price action can be a strong signal for potential trades.
Patience is important in waiting for the indicator to cross certain levels and for divergence to occur before entering a trade.
Setting stop loss based on market structure is crucial for risk management.
Chapters
00:00 Introduction and Live Trading Offer
00:54 Background on the Commodity Channel Indicator (CCI)
01:52 Identifying Buy and Sell Setups
03:23 Rules of the Strategy
05:09 Using Divergence as a Signal
05:40 Entry and Exit Points
07:04 Setting Stop Loss
08:32 Importance of Waiting for Divergence
09:02 Example Trades and Conclusion

[@TradingStrategyGuides]

Here is the link I forgot to add it earlier: tradingstrategyguides.com/cci-trading-system/

[@TedBoyd]

thanks the more help the better

[@TradingStrategyGuides]

Great Idea

[@barrymew7788]

Yes love it!

[@TradingStrategyGuides]

Thank you

[@justinnelson5176]

Yes live would be amazing!! Great video & thanks for the other video you did on the 52week trade group. I’m with ya on hold on but if I did more contacts I would have cut my losses way earlier. With us out more than a few months I’m gonna let it ride:)

[@lorenslobo7403]

LIVE ! Thanks for the Video !

[@TradingStrategyGuides]

No problem!!

[@davidgillott4161]

Yes, I would like to watch you trade this strategy LIVE Casey. I will go back-test this now on the 5 minute for FOREX. Thank you Casey.

[@TradingStrategyGuides]

Let us Know How it Goes!

[@davidgillott4161]

Casey, this past week I was supposed to be on vacation with my Bestie...but she got sick. So, I Demo traded the CCI Indicator 5 Minute Strategy that you teach up above during the London and NY Market, and I made in excess of 10R. WOW! With what I have seen this week, I am ready to throw $200 into the market and begin Live trading. Casey, I have been trying for years to be profitable, and I just continue to struggle.. But this week was a turning point. I also use 3 EMA's - 13, 50, 200 for adding on trades. Let me give you the trades I took on EURJPY in just this 1 week...I will give the date, time (CST), Trade direction, and the R collected: Jan 28 at 6:45 PM, Short, with 6R; Jan 29 6:50 AM, Short with 10R; Jan 30, 1:45 AM Long with 11R; Jan 30 10:15 AM, Short, with 5R; Jan 31 6:05 AM, Short, with 9R; Feb 1 2:40 AM, Long with 4R; and just now Feb 2 3:40 AM, Short and the trade is active at 3R right now. The only thing I changed in your strategy is to exit the trade at Fibonacci extensions or Support and Resistance zones. Adding up the R's here = 45R plus my current trade...at 2% risk doubled my account. WOW CASEY!!!! I'm excited!

[@davidgillott4161]

@@TradingStrategyGuides WOW!!! Casey, Thank you to the nth Degree...this is the Best Trading Strategy for me. This current week, January 28-February 2, 2024 I was supposed to go on a vacation with my Bestie, but she got sick and we didn't go...so I instead LIVE traded this strategy on a $1,000 Demo account and more than doubled it this week using 2% risk. Instead of exiting as your strategy teaches, I exited at Fibonacci extensions, major Support and Resistant zones, and some ICC strategies. I also use 3 EMA's for adding on to the trades. I will share with you the trades I took (only the CCI trades, not the add-ons) this week using Date, Time (CST), Trade direction (Long or Short), and the Reward (#R). Jan 28th at 6:45 PM Short for 6R; Jan 29th at 6:50 AM Short for 10R; Jan 30th 1:45 AM Long for 11R; Jan 30th at 10:15AM Short for 5R; Jan 31 at 6:05 AM Short for 9R; Feb 1 at 2:45 AM Long for 4R; and right now I have an active trade Feb 2 at 3:45 AM Short at 5R. At risking 2%, my account more than doubled in 1 week. That is "Off the charts AMAZING!!!." Thank you Casey. Casey, I have been struggling to trade successfully for 7 years...I believe the number 7 is the number of completion, and now our LORD YHWH is about to Bless me.

[@TradingStrategyGuides]

Wow Me Too :) I am going to test live for sure :)

[@TradingStrategyGuides]

keep managing your risk because it wont always go this well.

[@fredvandenberg4537]

Love it Casey. Hope you can trade it life during my active hours. You remember, I live down under

[@TradingStrategyGuides]

I bet I will have to do it early!

[@diamondhotline6400]

thank you for teaching this strategy , of course I would be very interested to see it on real trading

[@Grateful_Cheese]

Would love to see it live, good content!

[@TradingStrategyGuides]

Will do

[@Grateful_Cheese]

@@TradingStrategyGuides How will you let us know when you will do the live trading session?

[@lateefidowu9624]

Thanks for the video, LIVE

[@TradingStrategyGuides]

Going for it!

[@justinnelson5176]

Yo Casey….GO VIKINGS!! I graduated from PSU back in the days:). I was there when you were before I went to OHSU. Small world

[@TradingStrategyGuides]

Wow my Uncle graduated from there!

[@jimwinfl]

Live would be great, Thank You!

[@TradingStrategyGuides]

Noted!

[@oliviablake4378]

Would definitely love to see this traded live

[@TradingStrategyGuides]

Awesome!

[@quaysinanimation3750]

Looking to see you do it live . Am trying it on EURGBP and there is a divergence on the 5min tf hoping to sell at market opening

[@manuelsc1351]

A) live trade in 5 min timeframe and B) recorded and abrideged in 4hr / D

[@TradingStrategyGuides]

ok sounds like a good plan.

[@rashiqs4400]

Yes, see it live

[@TradingStrategyGuides]

Thanks thats one!

[@simphiweraymondmajola375]

There`s so many CCI indicators on tradingview...may you please confirm which one is the right one. Thanks for this explanation it sounds very clear.

[@TradingStrategyGuides]

I use Mt4 for this but the standard one is the one i use.

[@fredvandenberg4537]

Where is that link to the CCI report, please Casey. I like simple simple

[@TradingStrategyGuides]

Here is the link I forgot to add it. tradingstrategyguides.com/cci-trading-system/

[@rashiqs4400]

Can I use this strategy on a 4 hr time frame?

[@TradingStrategyGuides]

yes test it out and let me know how it works for you.

[@quaysinanimation3750]

Please does it work on currency pairs?

[@TradingStrategyGuides]

yes

[@alanchazin9367]

live trade yes

[@TradingStrategyGuides]

Thank you ok

[@donaldjones8920]

Im sorry for the criticism, but with all the big circles and squiggles you are making on the chart, it is hard to tell if a divergence is actually occurring or not. Also, why would you show examples on a 4 hour chart if you are demonstrating a 5 minute strategy? That I don't understand. Otherwise, I enjoyed the video.

[@TradingStrategyGuides]

Donald, Who knows why I do what I do LOL Im trying to help sorry. I will get better.