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In this video, we dive into the world of technical analysis and explore the Commodity Channel Index, better known as CCI. If you're interested in understanding how this momentum oscillator works and its history, you've come to the right place.
Did you know that the CCI wasn't originally created for stock trading? In fact, it was developed by the market technician Donald Lambert back in 1980 specifically for use in the commodities futures markets. Its simplicity and strategic flexibility quickly made it a favorite among pit traders and long-term investors alike. From commodities like coffee to soybeans, the CCI exploded in popularity.
Join us as we explore the fascinating world of the Commodity Channel Index, its origins, and how it can be a valuable addition to your trading toolkit. Don't forget to like, subscribe, and hit that notification bell so you never miss an update from our channel.
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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
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9 сен 2024