The ACD Method

Yet another perfect failed A down in the ES at 1267.75.

 

Morning and intra day trades. There are no SECRETS in trading regardless what anyone else says. Magic levels, special stop loss etc.. Trading requires logic and common sense.

Trading box is now 101 to 101.80

 

Got home and saw that, but I would have to enter the trade at about 0640 and I was not near my terminal then. Oh well. There is always next week.

 

Monthly A down in the Euro is 1.2735. We're there now!

 

No stopping this VIX from getting crushed. I am little surprised at this complacency in the market. Bonds are saying one thing, option vol saying another. Bond guys are usually right.

 

For anyone that cares, this NFLX is breaking out of a really nice base. WTW continues to rip.

 

Are you actually posting trades, at time and price, or are you providing anticipatory or after-the-fact commentary? Either is fine, I just want to know which.

 

Bonds continue to run. Huge 2 handle move in these today off the lows. Very impressive.

 

I'm really surprised to see the decouplings we are having: TLT up, EUR down, GLD down, OIL down, JJC up, QQQ up, SPY stays the same... I have no f*** clue what's going on.

Is this the beginning of the end for the highly correlated market, with risk on/off days and knee-jerk reactions that I used to take for granted?

 

You're right. I fully expected to see the TBT move higher today, but no such luck. Very odd.