The ACD Method

BMY failing Mav's monthly... again, (what's that like 14 times now?)

 

I still remember Gold failed A up on monthly level by Maverick 74- $1800- last month.

What a low risk trade it was. Waiting to see what it does at 1540 area.

 

Blood bath in Silver as well down almost 8%. The QTR A down in Silver is 25.72.

 

the chess pieces on the global board are being moved ALOT! would love to be a fly on the wall at some of these hedge funds.

 

out 381.30

 

Not to beat a dead horse but isn't this against all things ACD?

 

I know this is kind of OT here but I have been studying ichimoku for a few months now and am finding at least in forex (only market I have time to follow) it is extremely complementary to ACD.

 

Well... not looking good for the bulls, so how about the XLI at -12 on my 30 day number line.

 

Risk off ETF finally having a nice out performance day. Up 3.50% compared to 1% being short ES.

 

It depends is acd breakout or reversion. I think the whole idea for me is to not get taken out of a trend day. It is easy now to say gold is a short. I took a scalp on gld the other day and got stopped out. No biggie on to the next trade. I tend to favor long trades so I get stopped out alot when volatility is high. For example I got a big windfall on the gap up from the euro swap, currently I am getting stopped a lot. Some guys will never take a long trade as they are pessimists by nature. I am well aware gold could go to 1450 as Mav says. I really have no idea where gold will end today doesn't mean I can't trade it.