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Hi Trader,

The lower timeframes could be trendy at times. However, intraday trends could reverse any time based on intraday cycles. Your best bet would be to trade on established trends that are aligned with higher timeframe trends.

The Super Woodie CCI is based on this concept. It indicates trend direction by displaying histogram bars. The bars change colors depending on the direction and strength of the trend. Weak trends are colored blue regardless of whether the bar is positive or negative. Lime bars indicate a bullish trend with momentum and red bars indicate a bearish trend with momentum.

It is also best to observe for the intraday cycles of a currency prior to trading the pairs associated with it. For example, if you plan trade GBP and EUR pair on the London open, then it is best to observe for currency pairs associated with GBP and EUR.

Download This Strategy:
=>> https://forexmt4indicators.com/woodie-cci-trend-forex-day-trading-strategy/

All the best,
Tim Morris

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