[Benjimang]

Hi mate, good to hear from you again.

I haven't started trading the revised version of this system with Bollinger Bands. I still also struggle with making any meaningful imterpretations of the CCI readings. The major indicators I use are:

1. EMA's. Obviously this is the trigger.

2. Stochs. I use this to help me time my entry. Buy on oversold stochs, sell on overbaught stochs.

3. RSI. I use this to help me Stay out of risky market conditions. I don't use it as an aide to entry, more as a warning signal to keep me out. I use a fast RSI (5 period, blue) to help me avoid short term minor retracements (dely my entry if need be) and I use slow stochs (14 period) to identify extreme overbaught or oversold conditions where I can expect a fairly sizeable retracement very soon. Overbaught and oversold conditions are 80 and 20 respectively.

My approach to chart timeframes is:

1. Try to trade on as larger timeframe as possible.

2. Instead of entering on the start of the high timeframe candle, wait for the first confirming signal on a lower timeframe (15min or 30min). This is why most of my trades seem to be placed on the 30min timing, even if I was actually trying to catch a 'large 4h or daily' morve. By picking my timing on a lower timeframe I can essentially shoot for the high profits of the higher timeframe whilst keeping the tighter stoploss of the smaller timeframe.

3. Keep an eye out for multiple timeframes lining up. This is the most powerful trade: when at least three timeframes show the same entry signal at the same time.

With respect to taking repeated trades in the direction of the daily, I do, but not many. I try to get my entry for the daily, then hold it till stochs run out of puff on the hourly or 4h. That said, If I make a large run, I won't enter again unless I see a sitting duck, so to speak.

Finally, I wouldn't class me as a successful trader just yet. I seem to have the system fairly well grasped, but I'm still tackling the psych part. Getting there though.

Cheers,
Benjimang