The System

You do not need to think, add things, or make things up while trading Woodies CCI. Woodies CCI system is a complete set of guidelines for you to follow. There is nothing to add to it. It’s complete, precise and well proven in real-time over many years.

Most traders question every single reason why things work in a trading system. I think that is good. You should understand why and how everything you do works. However, don’t let this get in your way of learning and adopting a trading system that has proven to work with an expectation of positive results. Woodies CCI system is just that type of trading system. Consider paper trading it until you see this for yourself. Learn and understand the system as you progress. Don’t question it all at once. Follow the guidelines without question while doing so. You will learn the how and why it works as you progress.

Woodies CCI system is like no other system in the world. It’s simple. It is complete. It is precise. It is clear. It’s unambiguous. And because of that people get confused even easier it seems. So leave your brain on the pillow before you get out of bed to trade. You will do far better without it.

There are no conflicting signals in Woodies CCI. Do not get confused. There is nothing for you to guess about. The patterns, entry signals and exit signals are all clearly and precisely defined. Just drop all of your confusion and follow the guidelines.

The CCI indicator has some nuances that cannot all be explained in this document. This can only be learned from screen time and practice. But all the guidelines needed are outlined here and will go a very long way to help you trade well.

Woodie has tested his system live for many years and it is simple, complete and very profitable.

Woodies CCI defines the trade setups. It tells you when to enter the trade. It tells you when to exit the trade. That is all you need.

Woodies CCI is a remarkable system because you do not have to think or guess or figure things out. Just do what the guidelines tell you to do. No other system defines the setups, the entries and the exits as clear as Woodies CCI system does for you. Take advantage of that. Let it do the work for you.

In fact, lots of other trading systems might be profitable for you if you just had a clear and precise set of signals in which to go by that never contradicted themselves. These other trading systems mostly use lagging indicators and can’t provide clear entry and exit signals. Without a clear and concise set of trading rules you cannot and will never trade successfully. Woodies CCI provides clear and concise patterns, signals and guidelines. Follow them and you will do well.

The other problem with other systems is that they end up adding too many indicators. You can’t trade with so many indicators because you become paralyzed while analyzing them all and cannot recast to a signal. Why add so many things to your charts? Maybe it’s because you were never told not to. Well now you have been told so don’t do it.

When you have a system that has too many indicators it is lacking clarity and you can no longer react to the entry and exit signals. Or worse yet you enter the trade but never exit because you can always come up with yet another signal or excuse to stay in. Woodies CCI defines clear exits. There can be no excuse whatsoever as to why you stayed in after the exit signal was given. That’s one of the wonderful parts of the system.

Or maybe other systems were not profitable because you do not understand that having and following a precise trading plan is the only way you can trade successfully. So if you do not have a specific trading plan or are not successful and you are here to learn Woodies CCI then just follow him and stop the bad trading habits.

The CCI indicator formula is based on the momentum of prices over a given period of time. It is a leading indicator. It is not a lagging indicator. It outperforms most if not all other indicators. When combined with Woodies CCI system it can outperform all other trading systems.

Woodies CCI allows you to beat other traders into a trade by one or more bars and it tells you when to exit so you can not end up with large losses. Woodies CCI also keeps you out of bad trades as well as keeps you from over trading.

Forget all this talk about fear and greed or any other mindset type topics. You have heard these over and over. If it hasn’t already helped you by now then it isn’t going to help you to keep talking about it. Don’t waste your time with it. Focus on the guidelines.

Think about it. Every time you talk about these things you never do come up with any guidelines on how to stop it at the end of your talk and end up not improving your trades anyways. It’s like you continually want to talk about some phrases you learned in books, papers, and websites or even from people that may have never even traded. Focus on Woodies CCI and trading the guidelines only. Woodies CCI deals directly with greed and fear so you don’t have to.

Woodies CCI system takes away all of those difficult mental trading issues you might have in regards to trading buy giving you a complete, precise and clear set of guidelines. You have “learned” so much about how to think from other trading system or books and it probably hasn’t helped you much. In fact, it has probably even hurt you. Forget about that kind of talk for now. Consider it useless. Just focus on trading exactly according to the guidelines. Do not think.

For example, do not focus on trying to get your brain to understand that “Losses are a part of trading” or “Keep losses small and let profits run” or “Do not over trade”, etc. You have already been told about these things hundreds of times and it is probably still not working for you. Why keep trying? Just follow Woodies CCI and this is all taken care of for you. His system defines all the rules needed for an entire trading system so that you do not have to think. All you do is just react to the signals and you will be fine.

Woodies CCI will tell you when to get in, helps you keep larger profits, and tells you when to get out with small losses. It also doesn’t allow you to over trade. Just follow the guidelines and do not make this hard. No other trading system goes so far into managing every aspect of trading for you.

One of the incredible secrets to Woodies CCI is that it defines things into terms never used before and removes the things that just serve to confuse you. This way you cannot carry your previous hang-ups over into this trading system. For example, you have probably been taught how to trade bear flags, gaps and wedges over 50 different ways. So which one do you end up doing? A new method each time maybe? That’s the problem. And now you have learned so much about everything that you can’t follow simple rules. Forget all that. Woodies CCI defines things in new terms so that you will not get confused.

While trading with Woodies CCI all you do is look for Woodies CCI Patterns. His system does not care what the price bars look like. It does not care what other indicators or other markets are doing. None of that matters. It just focuses on what your one single market is doing at the moment and gives you a trade when appropriate. This system is simple and works very well because of that.

Woodies CCI lets you break away from all of the confusion that the other web sites, chat rooms, newsletters, trading books and articles give you. Forget all that stuff. Consider it useless for now. Think of this as a brand new way of trading.

Woodies CCI patterns that define a trade work very well. He has been using them for many years and adding new ones as he finds them. He has confirmed that they work in real-time and uses them in his everyday trading. He did the hard part that took him many years of hard research. All you have to do is spot the pattern and take the trade.

I know you probably want to make this hard. You want to add indicators, watch prices, not use hard stops, not get out of losing trades when you see the exit signal and also want to over trade your account to death because it feels like you are doing something. You want to watch lots of chat rooms all day long and listen to everything they say. You want to watch news, TV and talk on the phone. You want to make the most fancy charts and have super cool features and alerts too. Do not make this hard. This is a simple system that works very well. Follow the guidelines without thinking, adding or complicating things and this will not happen.

If you do not yet have the belief that trading should be and is this simple or you do not have enough courage to follow the guidelines precisely and exactly as outlined here then you might as well forget reading the rest of this document. Throw it away, and move on. I will guarantee it will not help you if that is the case.

The Mindset

If you want to learn Woodies CCI then follow these guidelines exactly. It is a complete system.

Do not follow any other document or method until you no longer need this document.

Let this document guide your state of mind while you are learning Woodies CCI. This document tells you precisely what to do and what not to do.

You must paper trade Woodies CCI for as long as it takes for you to become consistent in all aspects of trading and have a net outcome with positive gains before using real money.

Do not trade real money until you are consistent with these guidelines and profitable on your paper trades.

Do not assume that the majority of the people in the room trade just as Woodie does. In fact, it’s better for you to assume that they do not. When asking for help remember to ask them if the information they are giving is exactly how Woodie would trade it. “What Would Woodie Do…”

Forget all the talk about your mind working against you and all of your points of failure, etc. If that talk hasn’t helped you before it’s surely not going to help you now. So forget about it! Do not focus on what you can and can’t do any longer. Just follow the guidelines. This system isn’t about you making any trading decisions for yourself. They are already made for you. Woodie CCI Trading system defines everything you need to be successful trader. Just follow the guidelines.

Woodies CCI system was designed so that it takes into account all parts of the difficult areas of trading. This includes when to enter a trade, when to exit a trade, trade management, when to take profits, how to protect profits, when to cut losers short and let your winners run, how not to overtrade, how not to use emotions or your own judgment on trade decisions, etc.

No other trading system in the world does all of this for you automatically. There is nothing else at all to think about or learn when trading with these guidelines. Just follow the guidelines. All of these things mentioned are inherent in Woodies CCI system. You do not need to know anything else. It is complete, consistent and clear. You are going to love Woodies CCI system. It will definitely be a refreshing change for you to see a trading system like this one. I guarantee it!

No matter what you hear, read or see anywhere do not change or add anything at all to Woodies CCI system. Woodie will make changes as needed. He’s the expert. This system works perfectly just as Woodie has defined it.

Woodie has done many years of research, testing, and live trading on his CCI system. It works very well. Just follow it.

Forget everything else you have learned. Consider it useless for now.

Forget everything else you have read. Consider it useless for now.

Forget everything else you have been told. Consider it useless for now.

Only follow Woodies CCI guidelines. I can’t stress this enough but will keep trying
throughout the rest of the document to guide your thinking this way.

Do not watch the chat room text during the day. The text only serves to confuse you and will keep you from focusing on your guidelines. There is so much extraneous text scrolling past during trading that it is close to impossible for you to gain any useful information when new.

While you are learning Woodies CCI system and still in need of this document do not listen or follow along with the moderators in the room while you are trading. Also, do not have the chat room or any chat room open while trading. Many do not follow Woodies CCI system directly. Do not assume that they do. Follow your own rules and trade by yourself. Only listen to the headphone or speakers when Woodie is moderating. Woodie does of course always follow his own system even though he is not new at it. What does this tell you?

You are trying to learn Woodies CCI system so you should always follow him. Make sure to turn the speakers on, but don’t watch the text chat scroll by, when Woodie is moderating. You need to focus on trading according to these guidelines. There is no need whatsoever to follow other people, their methods or even their trades. It will not help you. It will hurt your trading progress.

Do nothing else at all during your trading hours except watch your charts and enter your orders into a simulation tool that uses live data. No chat rooms. No side rooms. No TV. No phones. No family. No excuses. You must focus on trading the system the entire time. Do not do anything else. Always take breaks during trading by removing yourself from the entire room you are trading in. You cannot focus all day long. Each time you come back to trade for a few more hours you will be relaxed, focused and ready.

Make sure your trade entry tool tells you when and what price you entered and exited each trade. You will want to review these later. After the market is over go review your trades and mark your charts with the entries and exits with reasons why you took the trade. Also go into the room and ask people any questions that you have. This is how you and others learn quickly. Do not however assume that they are telling you how Woodie would trade. Specifically ask them how Woodie would have taken the trade or how he would answer the question. Too many people don’t understand that everything shown in the room or typed in text is not necessarily Woodies CCI system. You are only concerned with Woodies CCI system.

Focus on becoming a Woodies CCI system expert. This is your goal. You can do this just as many others have as well. You need to have a single-minded purpose-ness mindset while learning Woodies CCI system. In fact, you need this whenever you want to master anything.

Always get involved in the room after the market closes. There are lots of great traders and they will help you with many subjects. Woodies motto is Traders Helping Traders and this room has many wonderful people in it all willing to help 24 hours a day. Make sure to compare how you are learning to trade and how others trade. It will help reinforce these guidelines and you will learn them faster.

Always practice trading the CCI Simulation charts that are running live in the room after the market closes and during the weekends. These will give you additional screen time and practice that will be invaluable to you as you are learning.

When asking people questions be sure to always ask, “What would Woodie do?” and “Is that the way Woodie does it?” Don’t worry about other people not trading the way you are learning to trade. Focus on one style until you are an expert at it.

Do not add things to the system for any reason. Just follow these guidelines to Woodies CCI.

Do not think. Do not justify bad decisions. Do not talk negative about yourself to others.

Do follow the rules precisely. Do talk positive about yourself when you follow the rules.

With Woodies CCI system you can expect losses. You should also expect larger gains. Follow the rules and this happens automatically. As you paper trade the system you will see this become true as you begin to master the system.

Be bored. Be very bored. This means you are following the rules and not using emotions to take trades.

How to master Woodies CCI system:

1. Watch your chart for a Woodie CCI pattern.

2. Wait. Watch. Keep waiting. Keep watching. Do not watch prices. Do not think.

3. When you see a Woodie CCI entry signal then react! and enter the trade with a hard stop.

4. Wait. Watch. Keep waiting. Keep watching. Do not watch prices. Do not think.

5. When you see a Woodie CCI exit signal then react! and exit the trade.

6. Go to Step 1.

You should notice that all you need to know now are 3 things:


1. What does a Woodie CCI pattern look like?

2. What does a Woodie CCI entry signal look like?

3. What does a Woodie CCI exit signal look like?

Yes it really is this simple! The reason you are probably thinking that it can’t be this easy is because all other systems make it hard, unclear or just flat out don’t work and you get frustrated. We understand. We were there. Only you can make this system hard. So choose not to.

This system is not about you and how you want to trade. It is about you following the rules. The system works perfectly time and time again. Just follow these guidelines to Woodies CCI and you will make tremendous progress in your trading.

Do not make trading Woodies CCI system hard just because you are used to making trading hard. There is no reason it should be. If you choose to make it complex then you will be defeating the goal of trading and not taking advantage of the simplicity of Woodies CCI system. Trading absolutely must be simple.

Woodies CCI Club

Woodie (Ken Wood) created the Woodies CCI trading system and the Woodies CCI Club trading room. You can find his website at www.WoodiesCCIclub.com with lots of documents, audio and video lectures, CCI trading information and other useful links to front-end tools and charting setups.

You can reach Woodie directly at his email address Woodie@WoodiesCCIClub.com or just come on into the room as he is in there everyday. If you email him you had better be sure to put the word ‘CCI’ in the subject line or he’s going to delete it and for good reason!

We respect, admire and value Woodie a great deal. There is no other person like him in the trading community running a trading room like this whatsoever. He has worked so very hard to help as many traders as he can over the many years that he has been trading. He gives to us his system, its secrets, his time and trading knowledge, lots and lots of help and support as well as his friendship every single day in the room and all of it is free. Yes, I said free!

Woodie has been trading for over 26+ years and created the trading system you will be reading about in this document. He is well sought after. He has been interviewed on numerous popular radio stations for the trading community, published in Active Trader Magazine, given online presentations at the Chicago Board of Trade (CBOT), presented for MAN Financial in Chicago and will also be presenting at the Traders Expo in Chicago.

Woodie also puts on Trade-A-Longs across the USA, and soon in other countries too, to help teach his trading system. He has an Annual CCI Conference where all of the CCI traders can meet one another, share ideas and learn even more. All of these are events done at his cost only. He makes no profit on them. Any money remaining after the event has been paid for all goes to the Children’s Make-A-Wish foundation. What a wonderful idea! He is an excellent trader and truly a unique and caring leader in the Trading Community.

Woodies CCI Club room is a world class trading room. We have traders in the room from all over the world and of all skill levels from new to advanced and professional as well as many pit traders too. We are a very large and diverse family of traders from all different walks of life.

In Woodies CCI Trading room we mostly trade index, bond and currency futures contracts. However, Woodies CCI works well on everything in the market that moves. We also talk about stocks, metals, and options. You may even catch us talking about oil, beans, corn, rice and pork bellies. No it’s not a cooking room! CCI works on them all. If it moves then CCI will nail it for us!

The 1st Works Hotcomm software provides us with a room that is first class, high quality and equipped with high-tech multimedia features. We have real-time live charts, snapshot charts, voice, text, music, file trading and more being pushed to all members of the room on demand. During after-market hours and all weekend long we run trading simulations so that we can continue to learn, practice and discuss Woodies CCI system. There is never a dull moment in the room. Something is always going on. 1st Works Hotcomm charges a small fee for their advanced cutting-edge software but Woodies CCI Club room is free.

In Woodies CCI Club room we are very serious about trading, helping one another learn, sharing CCI related trading ideas and focusing on the path to becoming highly successful traders. We have many hundreds of traders, currently 550+, every single day in the room all focusing on Woodies CCI system in some way or another. Imagine that concentration! The room has high spirits, positive attitudes, very friendly and we enjoy ourselves everyday. The room has traders in it 24 hours a day 7 days a week. We trade all three major markets: USA, Asian and European.

Woodies CCI system is like no other system in the world. You will see for yourself and you will love Woodie too. He’s a wonderful, generous, warm, kind and caring person. His characteristics are very infectious to all that trade with him. All members are generous with their time and provide their help free with patience.

In fact, this document took many long hours over several months to put together. I did this in hopes of giving back just a little bit of what Woodie and his room has given to me. Thank you Woodie!

Some of Woodies CCI Club mottos are:
• Traders Helping Traders
• No Boasting Just Posting
• Positive Attitudes and Positive Posts
• A Candle Loses Nothing By Lighting Another Candle

You will not find a single room that is highly successful on so many levels as is Woodies CCI Club. Not to mention it’s all free!

Thank you Woodie for all you have done for so many people in so many ways including trading!

Trading with Woodies CCI System by Jeff

This document revision R-0.7 is a work in progress. Rather than possibly missing a post in the room, please let me know via email listed at the end of the document if you see any mistakes or can suggest something that may improve its clarity. Please include the document version number, page and sentences that you are referring to if relevant. Your continued feedback will help make this a much more useful document for everyone. The purpose of this document is to help people learn Woodies CCI system in its entirety, just as Woodie himself still trades it, without any confusion. This way they can spend time practicing and getting in quality screen time instead of trying to understand what the guidelines actually are. However, it only explains the guidelines. You will absolutely need many months of screen time to master this system. You will not be a successful trader unless you follow your rules and put in long hours of screen time and practice. This document can also help long time traders of Woodies CCI system to get back to basics. If you are not doing as good as you want then remove everything off of your charts right now, start fresh and follow the guidelines.

Successful trading is much less than 20% trading system and more than 80% mental control. Your brain is worthless when trading. It tries to tell you how to trade. Do not listen to it. Shut it down. It sends out 200emotional messages for every 1 logical useful thought. At that rate your account could be gone in weeks. You cannot use emotions in trading. A trading system is based on a set of pure rules. In hopes of helping new traders with this severe problem this document tries to overpower that mighty 80% mental control that is usually useless and force it to follow logical guidelines. Do not fight it. Get rid of the emotions. Do not think. Do not feel. Just follow the rules. All you need to do is react to the signals. Period.

This document demands that you follow your rules while trading. This is the only way you will become a successful trader. Woodies CCI is a very simple system. The rules are very simple. Don’t let your lack of mental control ruin your trading. Keep focused on the system and you will do well. The guidelines tell you everything you need to know. Just follow them directly and precisely.

If you don’t follow strict rules in all aspects of your trading you will not make money trading. I guarantee that. There is only one type of person that can make a fantastic living trading an account without rules. This person is called ‘your broker’, the living he makes is called ‘your fees’ and the account he uses and loses is called ‘yours’. Follow your rules precisely or walk away from trading.

For semi-new to experienced traders it is strongly suggested that when you see an obviously very new person asking about the CCI that you do them a favor and don’t tell them anything about your methods. Instead explain to them that it would be best for them being new to follow Woodies CCI, only Woodies CCI and no one else’s but Woodies CCI system. Help them, do not hinder them by giving them information that they think is Woodies CCI system. They are new. They do not understand that many people have many variations on Woodies CCI. Please help them learn Woodies CCI first before they get confused. Send them to this document to help get them started. It will help them understand Woodies CCI system easier, have a better chance at being successful trading and will allow Woodies CCI Club room to stay much more focused on the trading at hand during market hours. It will benefit us all. This document is very strict. It does not beat around the bush. It does not suggest or hint at what to do. It tells you exactly what to do. So follow it. Woodies CCI is very simple. This document has many added explanations and constantly repeats important information in hopes of providing you the knowledge and courage to follow Woodies CCI only. Do not mix trading methods. As soon as you become profitable at paper trading with this document then you can decide how you want to trade. Until then just follow the guidelines.

When I first came to learn Woodies CCI system I quickly became very confused. After reading so many documents and watching so many people I couldn’t figure out what Woodies guidelines were apart from the many other great traders here. I then become very frustrated. All I wanted to do was trade Woodies CCI the way he trades it since he is the expert. Instead I spent many longs months trying to learn the guidelines to Woodies CCI system.

This document sets out to define the guidelines of Woodies CCI. Follow them precisely and you will become an excellent trader. All too often new people will not keep a trading system simple and will not follow directions. They think it has to be complicated to be good. This is completely wrong. Follow these guidelines only and you will do very well at trading.

If you are new to the room or still trying to figure out how to trade Woodies CCI then do not read or follow anything else except for Woodie himself and this document. If you ask someone a question be sure to preface it with “What Would Woodie Do…” This will help keep you focused. Keep doing this until you are trading the guidelines consistently and you have become profitable over a long period of time.

This document is broken into the following sections:

• Woodies CCI Club

• The Mindset

• The System

• The Charts

• The Trend

• The Trade Entry And Exit

• The Patterns

• The Preparation For Your First Trade

• Children’s Make-A-Wish Foundation