200 PIPS A WEEK

200 PIPS A WEEK

Trading Entry Rules

Sell Entry Rules

  1. Candle Pattern: A green candle moves out of the Bollinger Bands (BB), followed by a red candle re-entering the BB. This pattern must form a pivot high.
  2. CCI Indicator: The Commodity Channel Index (CCI) crosses down below or touches the top red line after the close of the red candle. The CCI cross can occur immediately at the close of the red candle that crosses the BB or up to one candle after.
  3. Volume Confirmation: The previous volume bar is higher than the volume bar of the candle prior.
  4. Entry Point: Enter at the close of the setup candle.
  5. Entry Conditions:
    • Do not enter if the CCI has gone below the zero line at the close of the setup candle.
    • Do not enter if the candle is close to the BB center line.
    • Bollinger Bands should be either wide or widening, never at a narrow point.
  6. Market Considerations: Always consider points of support, resistance, and the current trend.

Buy Entry Rules

  1. Candle Pattern: A red candle moves out of the Bollinger Bands (BB), followed by a green candle re-entering the BB. This pattern must form a pivot low.
  2. CCI Indicator: The Commodity Channel Index (CCI) crosses up above or touches the bottom red line after the close of the green candle. The CCI cross can occur immediately at the close of the green candle that crosses the BB or up to one candle after.
  3. Volume Confirmation: The previous volume bar is higher than the volume bar of the candle prior.
  4. Entry Point: Enter at the close of the setup candle.
  5. Entry Conditions:
    • Do not enter if the CCI has gone above the zero line at the close of the setup candle.
    • Do not enter if the candle is close to the BB center line.
    • Bollinger Bands should be either wide or widening, never at a narrow point.
  6. Market Considerations: Always consider points of support, resistance, and the current trend.
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