This is the last post about indicators.
I must emphasise the importance of Price Action,first and foremost we must rely on PA and then indicators help us in our trading .
Commodity Channel Index was originally introduced by Donald Lambert in 1980.It is an oscillator that shows when prices are overbought or oversold,like RSI or Stochastic.Divergenges between price and oscillator are another way to trade with CCI.
You can also use this indicator when you trade a pullback and let me explain how to…
I must emphasise the importance of Price Action,first and foremost we must rely on PA and then indicators help us in our trading .
Commodity Channel Index was originally introduced by Donald Lambert in 1980.It is an oscillator that shows when prices are overbought or oversold,like RSI or Stochastic.Divergenges between price and oscillator are another way to trade with CCI.
You can also use this indicator when you trade a pullback and let me explain how to…