There are 1000s of indicators in Technical Analysis...

But you need to MASTER ONLY ONE๐ŸŽฏto win in markets...

I selected 'Commodity channel index' (CCI) as my PRIMARY INDICATOR & all my scanners are a variation of this...

MULTI TIMEFRAME POSITIONAL STRATEGY using CCI...๐Ÿงต

1โƒฃ CCI Basics

โ€ข CCI > 100 = Bullish and overbought
โ€ข CCI < -100 = Bearish and oversold
2โƒฃEntry criteria

โ€ข CCI(34) on Weekly crossed above 100
โ€ข CCI(34) on Daily >100
โ€ข Entry: above weekly swing high
โ€ข Stoploss: Recent swing low on daily chart
3โƒฃExit criteria

โ€ข CCI(34) on Daily < -100
โ€ข Holding period: Few days to many months

Pyramiding your winners should be considered to make your winners big.

Separate post on this to follow.
4โƒฃ Why trade on a multi-timeframe?

โ€ข This is a top-down approach where we observe the larger trend of the stock before we take entries on the smaller or medium trend of the stock. This concept can be compared to tides in the sea.
5โƒฃ A larger wave in the sea will overpower the smaller waves, no matter what, simply because the larger waves have more velocity and force.

In a similar way, a stock trending in the larger TF will overpower the smaller TF trend and will eventually take the stock price higher.
6โƒฃ While trading this strategy we presume this will work & buy stock in the shorter TF just when the larger TF is showing bullishness. This ensures we are in the right direction.

In case the stock reverses, we exit based on the stop loss or based on the exit criteria.
7โƒฃ Just to be clear, this is NOT a holy grail strategy but helps one catch the shorter/medium trend very well.

You WILL have losing trades.

So, it is important to consider proper position sizing and assess your risk before entry.

Let's look at some examples ๐Ÿ‘‡
8โƒฃ Ex: SBIN & Reliance

The larger trend turned bullish. So, we enter just above the weekly high and hold on until the stop hits or exit criteria is met.

Note that by buying just above the high, you skip that initial short term downtrend or you might even skip many bad trades
9โƒฃ Ex: Axis Bank and Maruti.

Once CCI daily goes below -100, you need to exit the next day at open. You never know how deep the stock can correct.
๐Ÿ”ŸEx: Bajaj Finance and HDFC Bank - Good Profits.

You never know much a stock can rally. So, identify a strategy that can keep you in the trade for as long as possible.

Remember, 80% of your profits come from such 20% of trades. Such trades make up your PnL in the long run.
Do run this strategy over many stocks to understand it https://t.co/P4cc8OZSIT

If you loved this strategy๐Ÿ‘‡

1. Retweet the first post in this thread
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! https://t.co/yNCTzHVRsy

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Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!


1. Yang


2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!


3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W


4. YT Interview
Some bats & pangolins carry viruses related with SARS-CoV-2, found in SE Asia and in Yunnan, & the pangolins carrying SARS-CoV-2 related viruses were smuggled from SE Asia, so there is a possibility that SARS-CoV-2 were coming from
๐™Ž๐™๐™–๐™ง๐™ž๐™ฃ๐™œ ๐™ข๐™ฎ ๐™ฌ๐™ž๐™จ๐™™๐™ค๐™ข ๐‘พ๐’๐’'๐’• ๐’ƒ๐’† ๐’”๐’–๐’“๐’‘๐’“๐’Š๐’”๐’†๐’… ๐’Š๐’‡ ๐’•๐’๐’Ž๐’๐’“๐’“๐’๐’˜ ๐’– ๐’“๐’†๐’‚๐’… ๐’•๐’‰๐’† ๐’”๐’‚๐’Ž๐’† ๐’”๐’•๐’–๐’‡๐’‡ ๐’Š๐’ 50๐’Œ ๐’˜๐’๐’“๐’Œ๐’”๐’‰๐’๐’‘ ๐’๐’“ ๐’”๐’๐’Ž๐’†๐’๐’๐’† ๐’Ž๐’‚๐’๐’‚๐’ˆ๐’Š๐’๐’ˆ ๐’š๐’๐’–๐’“ ๐’Ž๐’๐’๐’†๐’š ๐’˜๐’Š๐’•๐’‰ ๐’”๐’‚๐’Ž๐’† ๐’๐’๐’ˆ๐’Š๐’„
Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.