1 min Scalping with double CCI Trading System
1 min Scalping with double CCI Trading System
Time Frame 1min , 5min.
Currency Pairs: EUR/USD, GBP/USD, AUD/USD, EUR/JPY, GPB/JPY
Indicators:
Double CCI 170
CCI 34
RSI 14
Sup Fibo
HA
Long Trade
CCI 170 Over the 0 Line showing uptrend MUST BE THE FIRST TO CROSS
CCI 34 Over 0 line as well showing uptrend MUST BE SECOND TO CROSS IN SAME DIRECTION
The condition is CCI34>CC170.
RSI over 55 <—— VERY IMPORTANT dont enter if its in between the 45-55 zone (45-55) IS DANGER DO NOT ENTER ZONE once it crosses in the same direction take the trade.
Short Trade
CCI 170 under 0 line showing down trend MUST CROSS FIRST
CCI 34 under 0 line showing down trend MUST CROSS SECOND
RSI under 45 same as above dont trade when in the 45-55 zone
The condition is CCI34<CCI170.
**VERY IMPORTANT**
NEVER TRADE AGAINST THE 5 MIN TREND, IF ITS TRENDING DOWN AND ITS GIVING YOU AN UP SIGNAL DONT TAKE IT ITS A RETRACEMENT WHEN IT COMES DOWN AGAIN TAKE THE SIGNAL. LOOK FOR LOWER LOWS AND HIGHER HIGHS..
Exit Position
When CCI 34 Crosses Zero.
Stop loss on previous swing.
Profit Target: 5-15 pips AUD/USD 9 pips, EUR/USD 12 pips GBP/USD, GBP/JPY, EUR/JPY, 15 pips.