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Thursday, March 29, 2012
CCI Buy signal.
Similar set-up to March 6th, although not as powerful since the CCI (white line) has not been above zero for 2 consecutive months.
Two ways to get a sell signal. 1) If red line drops below zero, all it takes is for CCI(white) to move above Zero line. 2) If red line stays above zero, then the sell signal occurs when CCI(white) moves above the green line.
Winning rate with this trade is over 90% holding the position until 1 of the above sell signals is met.