The ACD Method

Interesting. There are a lot of ways to use the scores. I'll have to play with those ideas.

 

https://www.bloomberg.com/view/arti...aders-are-looking-at-the-wrong-inventory-data

Read it up boys. I'm pretty much in agreement on his thesis.

 

Short USD/JPY is looking pretty good especially if Nasdaq can falter. That's my attempt at intermarket analysis for the day.

Edit: To take it a step further, I see bonds and yen strengthening, gold, AUD and USD weakening. SP and Dow are already failing and Nasdaq is hanging in there. So in conclusion risk off could be in the works???

 

I think it's pretty obvious what I think.

 

That's kind of how my spreadsheet is starting to look lol.

 

You guys would hate to see some of my charts

 

AUD selling off, gold up. But right now gold is faltering at weekly and monthly A up. If it rolls over AUD should pick up speed.

So when you guys are looking at a lot of stuff, how do you hone in on which ones to actually trade? 30 day?

 

What about short CADJPY? It will be interesting to see how the euro acts on this pull back.

 

I wasn't tracking CAD but just plugged it in. I have it weakening but not nearly as weak as USD on all NLs.

 

USD/JPY is looking pretty good around the weekly A down right now.