The ACD Method

You use a 5 min OR for currencies? Wow. I have to admit, never even looked at that range for them.

 

1 hour chart is the fastest one that looks like it has any order to it for me in currencies.

 

I used 30 min when I watched the intra-day stuff.

 

Great website, been working on some stat arb stuff(slowly) for a bit now and this looks like it may be a nice help along these lines!

 

True. I am still not actively trading the ACD method yet. I am more just looking at ways to narrow down my intraday stock universe still and observing different things (like the OR/average ATR ratio.)
Also still developing some TS alerts and stuff for ACD.

But, yeah I do have a habit of over complicating things.

 

So far nice bounce off the failed weekly A down in the ES. All the major currencies confirmed A ups over night on the London session and Crude Oil is providing the leadership for risk assets to go higher. For me today the tell is watching oil. If oil holds above 97.00 today we will get a strong close on risk assets. Watch oil!

 

This is a really nice resource, lots of stuff posted here that gives you a good "food for thought" first impression.

Many Thanks

 

OK, so here is the breakdown. If you want to be long, be long oil. If you want to be short, be short copper. If you want to get chopped up, trade ES.

Copper confirmed weekly A down and can't find a bid it likes. Crude oil is eating up all the offers.

Gold getting decimated. Trying to confirm weekly A down.

 

Here is a chart of long oil and short copper. Very smooth regardless of direction of risk assets. This is how you find alpha.

 

Ha, you rock Mav. Always an interesting new angle.