CCI 50 for Momentum Determination

[walterw]

	Quote:	May07
	Thanks Walter for your explanation. Looking at the chart, there were some crossover at zero for cci14 which you did not circled and appeared to be flip pt. or is it? what is the setup for the time frame (how many mins?) with 100/34 EMA?

Hi May, the above chart has some flips, but I would not look for flips on that chart because it doesnt have keltner bands, wich is one of the conditions for flip setups... the timeframe on the above chart is 2 Range chart... now on flips I use 55Tick charts, I will be posting flips again on the flip trade thread.. I actually dont trade this 50 cci setups, I like to do some research on it, but found flip can be much easier to trade... cheers Walter.

[May07]

Thanks. I will refer to your flip trade thread.