Scalping trading system CCI based

Howdy to all of you,

Thanks on your form phrases, I actually recognize.

Let's work now.

Scalping buying and selling system CCI primarily based.

Normal concerns:1/ what I am searching for, my month-to-month goal, my each day goal
2/ buying and selling plan- what number of pips I want to achieve the every day goal, what number of entries
3/ reminding the mandatory circumstances for buying and selling/working
4/ what sort of buying and selling I suggest, buying and selling hours, charts, timeframes, pairs
5/ indicators and skilled advisor on the chart, template
6/ lengthy circumstances entry/exit
7/ brief situations entry/exit
8/ what to keep away from or analyse earlier than getting into
9/ examples with screenshots will observe with the following posts
10/ commentaries, discussions, contributions

1/ I commerce for dwelling and for being financially unbiased. I'll construct all the reasons with an instance of somebody who lives in Western Europe and must earn at the least 2000 monthly as his/her half within the family price range. These figures must be recalculated for the opposite nations.

Following this instance I would like to understand at the very least 2000 per thirty days, and with 22 working days per 30 days it means one hundred per day. If one hundred represents 1% of my stability, it's vital to start out the month with 10 000 on the buying and selling account. 22 days of buying and selling per 30 days imply 22% or 2200 . With out stress.

To be clear, you do not want 10 000 to start out buying and selling with this method. You possibly can work with one hundred and you'll construct your capital quietly till you may dwell along with your earnings.

Month-to-month goal 2000 and/or 20% of the steadiness
Each day goal one hundred and/or 1% of the steadiness

2/ From my private expertise 15 pips are sufficient to achieve the goal of 1%. One single entry per day ought to be sufficient for incomes 1% and/ot one hundred per day. If the primary entry isn't the great one, we now have sufficient time to delete the initially loss and to catch the best commerce of the day.

15 pips/ one commerce

3/ After I commerce I work. And once I work I give attention to my job. I do not eat, I do not watch the television, do not look by the window, discuss to the cell or play videogames.
I do know that I am unable to get my monetary freedom in someday, nor in a single month, even in a single yr. I do know that I've to be affected person and observe the principle development. At all times.

4/ I commerce solely in the course of the London session, from 8:00 AM GMT to 5:00 PM GMT, 1 min charts. This technique may work with all timeframes and all pairs. Personally, I commerce solely 1 min charts and I examine only for USD/JPY, GBP/JPY, GBP/AUD and GBP/CAD. It is inconceivable to observe too many pairs so I desire to concentrate on these 4 pairs. There are sufficient entries for choosing the proper one and attain the every day goal.

London Session, 1 min charts, USD/JPY, GBP/JPY, GBP/AUD and GBP/CAD

5/
Predominant window:

SMA one thousand utilized to shut
SMA 200 utilized to shut
SMA thirteen utilized to shut
PIVOT POINTS
As we speak Excessive/Low- Yesterday Excessive/Low- Right this moment open line
Grid traces for 00 and 50: instance: 112.50 or 142.00
Fractals
CCFP- on a impartial chart

Window1:
CCI 14, ranges a hundred/-one hundred and 200/-200

Window 2:
Volumes

All indicators shall be supplied on the finish of this submit and within the subsequent one and can be found on Foreign exchange Manufacturing facility. I will even publish a template.

6/ Lengthy:

SMA 200>SMA one thousand

CCI 14 utilized to shut above stage 200/ verify the CCFP for affirmation of the place of the legs

SMA thirteen above the horizontal line given by the excessive of the candle that represents the extent 200 of CCI 14

Volumes above the extent set individually for every pair- the figures aren't equivalent from one dealer to a different

Entry lengthy the primary time the CCI 14 will cross the extent a hundred and shall be confirmed- if the earlier retracement did not cross the extent -a hundred; on this case wait the following alternative. If the CCI 14 continues to be above the extent a hundred , search for an entry utilizing the skin/inside bar with fractals and affirmation

SL set to the final Greater Low stage, exit the commerce manually; use an emergency exit set at 30 pips managed by THV CaveManager 1.forty one

TP set to fifteen pips, managed with the THV CaveManager 1.forty one, in addition to the breakeven line, set at 10 pips, buffer 2

7/ Quick

SMA 200<SMA a thousand

CCI 14 utilized to shut under degree 200/ verify the CCFP for affirmation of the place of the legs

SMA thirteen under the horizontal line given by the low of the candle that represents the extent 200 of CCI 14

Volumes above the extent set individually for every pair- the figures aren't an identical from one dealer to a different

Entry lengthy the primary time the CCI 14 will cross the extent -a hundred and might be confirmed- if the earlier retracement did not cross the extent one hundred; on this case wait the subsequent alternative. If the CCI 14 continues to be under the extent -one hundred , search for an entry utilizing the surface/inside bar with fractals and affirmation

SL set to the final Decrease Excessive stage, exit the commerce manually; use an emergency exit set at 30 pips managed by THV CaveManager 1.forty one

TP set to fifteen pips, managed with the THV CaveManager 1.forty one, in addition to the breakeven line, set at 10 pips, buffer 2

8/
Don't commerce simply earlier than and simply after Information.
Keep away from to enter when the worth touches or is near spherical numbers as 00/50, pivot factors, help and resistance strains, SMA one thousand and SMA 200. Screenshots will comply with.
Selections must be taken one after the other.

The following put up will comprise the final indicators, the EA that manages the exits, the template and two screenshots as examples with entries, each side , lengthy and brief from the final two days.

I hope you'll admire this work. I will be current all night lengthy for answering your questions you probably have.

I want you a pleasant night,

Ioan