Recent content by Akolth

Sorry forgot some things to consider: CCI(50) When failed arround 20EMA with small volume ( lower than the 20 bars average volume) 10EMA and 20EMA are used as support (resistance)... better if strenghten with a trendline or horizontal support (resistance). A profecy if lined with Fibonnacci...

CCI is an indicator so never use indicator for trading signal. As it's name points out, it tells you where the inner market is I call that the level III. It does not tell you well where the market is heading because they are all lagging. The only think to trade is the price and volume which are...

Interested article but do not give more information out of the box. Good for beginers. I would like to complete that by the observation of the volume histogramme itself... the histogramme could annonce/confirm a reversal or a breakout in relation with the price movement. This is an advancing...