The CCI works on the assumption that price is typically contained by an invisible channel around a moving average. Learn from the masters by following the links in the Learn More sections above. Now, I know what youre thinking.
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These tutorials reinforce strategies youve already learned and provide even more insider information on trading in the Forex market. The key times of day to trade. They were surprised by its simplicity, but were skeptical at first. i will also describe each indicators basic usage together with an example chart and further resources. What was even better was that I was fortunate enough to become the protégé of an inside circle of commercial traders who were considered to be the best in the business. Learn More About the SMA.
Thats right three times a week I analyze current market conditions to help you learn and use my system and answer member questions. Unlike the Stochastic and RSI, CCI values are unbounded. The lowest low in the last N periods is plotted as its bottom channel line.