Woodies CCI trading system

Is Woodies CCI a leading indicator?


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Dear Linkon7 Bro

Having gone though with your various threads I have turned out as your Big fan. I'd like to know more about you e.g. what you do, when did you started it all, your success/trial story, how much time you devote to markets and all things you can share with us. Please mail at [email protected] if you find it uncomfortable to share.
So far me, I am a govt employee recently came across markets through Optionatics (George Fontanills) Reducing my learning very fast, wish you become my dronacharya.


regards
 

linkon7

Well-Known Member


6 bars make a trend.... but common sense tells us that cci is making 6 bars on both sides of the zero line...

It just means that trend continuation patterns will fail as there is no clear trend....

Switch to higher time frame and trend becomes clear...

Then trade that direction using the shorter TF...
 

linkon7

Well-Known Member


hourly TF is clear long...
THis might give rise to a zlr...
or a TCCI sling shot...
 

linkon7

Well-Known Member


Inverted ghost... in 5 min
 
HI MR LINKON AND KESER... THIS IS NICE THREAD...
LONG BACK I WAS A MEMBER OF WOODIE CCI CLUB...

I WANT TO TELL SOME THING WHAT I KNOW ABOUT WOODIE AND HIS CCI TRADING.....
U ALL KNOW "FAMIR" PATTERN... ITS DISCOVERED BY MR.FAMIR WHO WAS BEST FRIEND OF WOODIE...

DO U KNOW HOW HE DIED?
HE GOT SUICIDE...
HE LOST ALL HIS MONEY THROUGH WOODIE TRADING SYSTEM....
LOTS OF PEOPLE LEAVING THAT FORUM AFTER HUGE LOSS...

THERE ARE MUCH BETTER SYSTEMS THAN WOODIES CCI...

ANYWAY GOOD LUCK... :thumb:

woo"dies" :lol:

i am just joking...

this system is very good system, but i think we should learn properly, then try to trade. take a time to learn.

as great person said nothing is Impossible, say "I'm Possible"

Just follow Mr.linkon and Mr.kkeskar92, they r teaching us this system. rest of the hard/home work we have to do.

happy trading.
 

Pralhad

Well-Known Member
I have got today Amibroker Professional Ver 5.20. Now trying to figure out how to use. I am using AFL Posted in Linkon's DB-BB system. One basic problem I am facing is I can't see Date, time and Prices may be due to Black colour background. How to change the color of Date, Time and Prices shown in x and Y axies. Here is my Screenshot.

 

linkon7

Well-Known Member
Sir,
I am still waiting for reply, regarding how Hard stop loss is fixed in Woodie Method.
Regards.
If u are going long then the low if the last 2 bars is the hard stop...
If u are short, then the high of the last 2 bars is the hard stop...

Logic is, we are trading a momentum indicator. So we are long when the momentum is up and it shouldnt hit the hard stop. If hard stop is hit, then, we misjudged the momentum. We just forget the OH-NO trade and carry on...

personally, i like to use pivot low or pivot high. I exit the moment the diff in CCI reduces... or goes negative...
 

veekay304

Well-Known Member
If u are going long then the low if the last 2 bars is the hard stop...
If u are short, then the high of the last 2 bars is the hard stop...

Logic is, we are trading a momentum indicator. So we are long when the momentum is up and it shouldnt hit the hard stop. If hard stop is hit, then, we misjudged the momentum. We just forget the OH-NO trade and carry on...

personally, i like to use pivot low or pivot high. I exit the moment the diff in CCI reduces... or goes negative...
I am assuming we enter long on high of the current bar on COMPLETION.

Then, suggesting a slight modification..

use lowest low of current bar and previous bar as the SL.

Vice-Versa for shorts..

Once the initial target (equal to risked amount), trail stop..
 

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