This is complicated. Since I trade energy, yes, I do look at a lot of things outside ACD. ACD forms the basis of my sentiment forecasting. But with energy, you HAVE to look at fundamentals. I don't want to go into what I use, just that I use them. For things like stocks, fundamentals are really only useful for longer term holding periods. For stuff like FX, you need to look at rates and more specifically, yield curves. To make this easy, I would focus on classification. What environment does a particular product thrive in. This is really what the essence of what O'Neil did. He tried to figure out what conditions need to be met to find an explosive stock. This approach can be used for Gold, FX, Bonds, Grains, etc.
Speaking of yields Mav, or anyone reading this, do you know a source for daily yield data for G20 countries? Aside from the curve, I'd like to analyse the relationship between yield spreads (like 10 year yields UK vs US) and FX movements. I suspect I might find a filter for trades, or an indication of the possible longevity of a move. I Googled it, found monthly charts, I need daily data I can download. No Bloomberg terminal please, I'm just small fry.
https://tradingeconomics.com/ This is one of my fav sites. They do charge for their historical data. If you want to piecemeal it on the cheap, usually each countries central bank's website provides the data for free but it will be a tedious process.
It's only the 2nd most popular investment book in the last 60 years. I think the first edition came out in the early 60's. LOL.
Hopefully #1 is Graham because that's the only fundamental analysis book I've read. Now that I think about it a few years back I used to browse the IBD at the library on post on my lunch break and did some quick reading on whatever version of canslim they use. I wasn't impressed with the stats on it so lost interest.
Just finished reading all 1366 pages of this thread, having begun just over 2 months back. I came across the book thanks to Frank Ochoa's 'Secrets of a Pivot Boss', and then stumbled upon this fantastic thread. Have since read Fisher's book 3-4 times, watched the 6-part seminar that's on Vimeo and YouTube, and have enjoyed doing 'the work'. But the point of this post is to thank Mav, and Justrading, and all the other wonderful posters here. There's no way i would have got so much out of ACD if not for all the wisdom and experience that has been shared here. I feel you guys are my virtual mentors, so thank you! The other interesting thing in reading 6-7 years' worth of comments in 2 months is seeing how ACD held up during events like Greece, Brexit, the US elections and the French election. As also the book recommendations, some of which i had previously read. I enjoyed The Asylum, and Street Freak, and am currently about to start 'Inside The House of Money' by Steven Drobny. I was also not sure whether to pick up Python or R, but thanks to this thread have now begun the R intro tutorial at Datacamp, so thanks again Mav for that tip. Finally, just wanted to share that i have a CADCHF trade on, and am hoping to go long Sugar and Cotton this week, strictly according to ACD.
Global Treasuries and/or International Money Rates data sources in eSignal. There are around 2000 symbols directly related to yields, inter bank rates, etc.