The C is simply the line on the opposite side from the A. If you get an A up, then it is a C down, and if it's an A down then you get a C up exactly where the A up would have been.
It's interesting to see what they are going to announce, but it's really hard to imagine how they are going to implement large scale QE in practice with negative interest rates
This is worth checking out general discussion of oil, there are two parts: http://3blmedia.com/News/Plunging-Oil-Prices-Dan-Dicker-Part-I
good, time to delete the account. i think i remember you saying that when you got to 20k you'd delete the account. lol
Anyone have any feelings about the NYBOT US Dollar future? I'm long and have a 5 day nl of 7 and a 30 day nl of 15. It seems it is a very crowded trade, but is the crowd always wrong?
I was curious to get some perspective on how others would score particular days. 1) How would you score a day that makes a confirmed A-up, later trades below the OR to make a C-down, but then closes above the A-up? 2) How would you score a day that makes an A-down, trades above the C-up, but fails (due to limited time), trades back below A-Down, but later makes a C-up and closes above the OR? I know there are nuances here, but was just curious generally speaking. Thanks
For me: 1. If it doesn't make A up its still 0 for me (just increased volatility but still nothing certain). 2. A down - C up is +4 Mark Fisher mentioned similar situation in his The Treacherous Trade and System-Failure Trade sections (page 75). Maverick also talked here about importance of recognizing in what state market is (choppy, trending, consolidating etc).