CMR CCI WAVE

26 мая 2018 г.

The Funnel consists of 3 EMA's all set at the 34 EMA ( 1 on 34 Close, 1 on 34 Low and 1 on 34 High )

We couple this with a CCI of +100 / 0 / -100 ( The CCI is used as an RSI would be to determining crossings and overbought and oversold)

The Funnel should not be used as your primary entries, it is more of a verification process to show where the market is heading and where it has been. Best couple with the Elliott Wave of Swing Trading Fibs.

The Wave Funnel moves in clock angles ( remember to always think of a clock when working with the wave)

* 12-2 = A North Move
* 4-6 = A South Move
* A 9-3 = A Flat Move signaling Consolidation / Market Stall
* A 2-4 = When the wave is not steep enough to be a 12-2 or 4-6 and not flat enough to be a Consolidation of the 9-3.. We can verify this by looking at the CCI to confirm.

Wave confirms Direction, CCI confirms 2-4 ( We only range trade a 2-4 or Stay out of the Market if volume is non existent.

Add a MACD for a Flat 9-3 clock angle.
* Congestion/Consolidation is evident we look for other chart patterns to form in this angle. ( Triangles/ Rectangles/ Flags etc)
* Only use the MACD on Sideways markets
* If and when it breaks the Flat Angle we then look at the MACD for entry.
* If MACD is over 0 we BUY the Break
* If MACD is under the 0 we Sell

A 2-4 angle we trade the range of the emas, it will poke through the bottom and back out the top and repeat until we see a breakout to the north or south.

So if it is a 2-4 oclock angle we trade based off the macd's -100 we buy, 100 we sell. Repeat as the funnel continues the clock angle.

We trade with a Stop Loss on the other side of the Wave.

Do Not jump the gun on the trades. Wait for Pull Backs into the Wave
Pivots and Fibs will help determine the pullback ranges
The price always pullback to the Wave ( No different than any other ema, they act as magnets to price action)

ANy Questions hit up mill in CMR