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Soultrader

CCI, VSA, & Market Profile Trading Techniques

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Here is a technique I picked up from another trader but revised it to fit my style accordingly. It utilizes the CCI as a trend following and timing indicator.

 

I use a 10period CCI on a 5min candle chart. I look for two things. The trend of the CCI in combination with VSA and CCI hooks as a timing tool.

 

Please see chart below:

 

attachment.php?attachmentid=5255&stc=1&d=1203449863

 

attachment.php?attachmentid=5256&stc=1&d=1203450240

 

A VSA setup near a MP level with a CCI trendline break is the optimal setup. Below shows how one can apply it for exits.

 

attachment.php?attachmentid=5257&stc=1&d=1203450600

 

I will post more charts regarding this technique. Thanks

5aa70e3e66fd2_Feb192008CCI1.thumb.jpg.7b686c529db33565384875042d50a7f7.jpg

5aa70e3e6c903_Feb192008CCI2.thumb.jpg.ce1ee1c944a65fdb83440ce54fd157f8.jpg

5aa70e3e75279_Feb192008CCI3.thumb.jpg.f9d3dc24e98d294211e238f67df6ca48.jpg

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Follow up:

 

attachment.php?attachmentid=5260&stc=1&d=1203455660

 

The CCI technique was taught to me initially for a scalping strategy combining a few other technical indicators. However, I never found it to fit my style because I am more of a S&R trader using VSA and MP. So I have taken the concepts of CCI trendline breaks and hooks as a timing tool.

5aa70e3e8a6a3_Feb192008CCI6.thumb.jpg.fe5ea15583240b9fc8b584267cc9e83d.jpg

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Nice charts there James, I also see some powerfull hammers right on this key levels... personally I am testing them on historical data and a hammer on the right context may be a 80% winner most of the times...

 

CCi could also be used on 50 and 100 lines crosses as agresive anticipation timing tool... thanks for inputs... would be nice to add more examples on a daily basis during some weeks ahead on this same thread so we can hammer our small brains with this succesfull stuff...

 

 

this is what I mean James with hammers on proper places :

 

attachment.php?attachmentid=5274&stc=1&d=1203512954

 

nice stuff keep them coming.. cheers Walter.

5aa70e3ee1acf_vsa3b.thumb.jpg.f6bb0836d06311dd1d15b6870015b8a3.jpg

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Thanks Walter.

 

Potential short setup building up here on ES: (same techniques) Keep in mind the higher low higher highs. May not be optimal at the moment but will continue to watch for weakness in price and volume.

 

attachment.php?attachmentid=5277&stc=1&d=1203523491

5aa70e3f01635_Feb202008CCI1.thumb.jpg.60123f747b59ef15a954c15639124acd.jpg

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Lets see how this one works out.

 

update:

 

Stopped on this one.

 

 

Yeah, I completely missed this move up. This was 12:03 EST, I went to get a bite to eat. I was gone no more than 5 minutes. I love to trade pattern failures. :crap:

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Yeah, I completely missed this move up. This was 12:03 EST, I went to get a bite to eat. I was gone no more than 5 minutes. I love to trade pattern failures. :crap:

 

Yes.. if I wasnt positioned short I would of traded the breakout. The breakout of congestion occurred on good volume indicating a push through supply. The only type of breakouts I will ever play.

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