Registered: Aug 2011
01-31-12 09:34 PM
Quote from Marsupilami:
Great trading MFBreakout ! Learning ACD is definitely on my to do list.
You write that you also employ market profile. What do you look at specifically ? I have studied MP for a quite some time and think it is a good concept to look at the markets, however I only look at the levels....the HVNs and LVNs. Maybe you could expand on how to combine MP with ACD in your future posts ?
Keep up the posts !
Thanks. Just add ACD to your current system. HVN, LVNs are good but i do not understand them yet in terms of execution. Maybe you can post charts to show levels.
I just look at 24 hour session profile and pay attention if couple of days POC line up or when market moves out of VAH or VAL after 3 or more days of staying within same VAH and VAL. I look at Market Profile to look at data and ACD to execute trades.
One can see that price never went above 99.30 after 99.20 got broken. It may go tomorrow but not today. Even tomorrow it will require some serious buying to break above 99.30 and if it does i will be looking for longs on pullbacks. That's just one of set ups.
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