Anyone use my method?

We are up against a significant resistance point, nopm. Does that influence the way you are going to treat this trade?

 

Now it's clear to me there is a loss of momentum. CCI is heading down and price action is conjested. Now we wait for the last gasp of the up move.

 

Thanks Saico, I was hoping that you will post. There is no chart attached!!!

 

No. I did notice when we punched through yesterday's high the $tick volume hit 3000 and that's usually a sign of exhaustion. But it was immediately followed by a new high.

 

NPM, do you run the mechanical trend-following system even as you watch for divergences for your discretionary trades ?

 

Unclear to me why you're using CCI Average on the chart, when it appears that just the regular 20 period CCI is being used to find the divergence. Does the average play any role?

 

Yes, on another screen. It's showing a exit for 2pm ct.

 

Serves no purpose. I'll change it.

 

Hi, npp did you take the trade of yesterday around 1.35 ? if no why ? thanks