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I doubt anybody apart from the Author is trading this method. There is a good reason, these methods which look good using hindsight or on paper are generally difficult if not impossible to teach. Anybody with some experience can take any chart and say i would have entered long there and short here because of this and that etc. but in most cases, nobody can duplicate what the author is showing live with real money not paper money. I doubt the author would have been able to trade these charts exactly as shown here.
Can you help answer these questions from other members on NexusFi?
Some of these setups prove the entries correct right away, others are proven wrong quickly, while others chop around for a bit before resuming direction.
I think that discussing trade management in relation to these setups would be most helpful, especially stops - when to scrap a trade for a minor gain/loss vs when to let it go to your stop loss, how & when to raise stops to breakeven without getting taken out by a tick and then having the trade take off in your direction, and how to scale out.
This has been an intriguing thread particularlly for a CCI fan.
The one significant thing missing is any actual trading stats on this method or if anyone other than ESFX are actually trading this way.
I am not sure that I fully understand how ESFX takes those BB trades.
Can anyone clarify this?
I sim traded the method with live market. Found it to be overall break even. With another indicator, filter or trade criteria maybe it could consistently be profitable.