Anyone use my method?

I explained it earlier. I want to see CCI heading down with price heading up. I should also see some indication of price momentum dying. The CCI was flat with price up and no indication momentum was dying. Just a couple of bars later and cci was heading down with price flat. Had the 1:10pm ct bar made a new high (didn't though at 1284.75) I would've looked for the first down bar, calculated the stop loss and gotten short at the open of the next bar. Yes, I'm just eyeballing it because whenever I've coded it I couldn't get a match with what I would do.

Just for practice if you did take the short at 1:05pm, you would've checked the keltner on the 1:00 bar and seen the high was 1282.86 with a low of 1277.11 with a range of 5.75. 1/3 of that is 1.92 so the stop would've been 2pts.

I'm probably too picky but I like to see my trades like my women....easy

 

Trades since 12/12/05

#Trades: 3
Winner: 3
Loser: 0
__________
Profit: 7.5 ES points

 

i see.. i have this set to check the cci pivots going back 81 bars, i.e. 1 day back.. - i think you are considering only more immediate divergences, perhaps just the ones arising during the ascent to the keltner, which makes sense on this short timeframe.

 

I like to start looking for signs of divergence starting when the adx crosses above 30. The theory is the trend is starting to age. Now is the trend losing momentum? I should be able to see it in price and more easily with the CCI indicator. If not, I wait. Here's a re-post of why I didn't want this trade.

 

This is the divergence I was looking for.

 

i'm not sure if you've read my post from yesterday, but i have gone through this thread and the previous thread twice. i am attaching a chart of a trade you posted from your last thread. as you can see, the volume indicator was pretty flat too compared to today's chart, yet that trade was clear divergence while today's was not.

if it's possible to define your criteria for divergence more precisely, i would be very interested in hearing it. thanks.

 

It's from experiences like the one you posted that I look for clear divergence. I wouldn't have taken that trade today. Price going up and the indicator going down. Should be very easy to see. Sorry I can't be much more specific than that.

 

here's another one where the volume indicator was pretty flat but it's identified as divergence.

 

okay last one. see what i'm saying? would you have taken these trades today?

 

No