We welcome the lurkers on here. In fact, I encourage more of them to speak up. The doctor doesn't want me talking to myself all the time on here.
Well you're more appreciated than you probably know. I'll chime in when I think I have something to contribute, but most of the time its all I can do to keep up with reading the posts and learning.
I apologize for being too lazy to read the whole thread again, but have one more question to the people who apply ACD to currency markets: What time do you use as "Opening range" when trading currencies? Guess this question often arises, because FX does not have that clear "Open/Close" prints as most other markets have.
I post this link because BMY has been discussed a lot here, it has news: http://www.bloomberg.com/news/2012-...drug-developer-inhibitex-for-2-5-billion.html Did you trade the name because you were aware of the acquisition discussions or just based on price action? If the latter, it would make of a strong case of ACD success
Just a "trade" in isolation proves really nothing. when you are trading in the "short term" daily weekly, you have to have many many trades to verify that the method is at work and doing well. I see people/names thrown around this board, believe me, they are not studying ACD. They look at stats yes, but in a much different light with global context. Please with the name calling. Just dont spout out "calls" really useless. you will have to make call many many in a row to make impression. Even with a slight profit I would be interested. Look at profit factor for example , max drawdown etc.