Hmm, my posts are not showing up so repeating.... Good morning, this is my first post after spending the past few weeks reading through the timeline. I may have missed this, or not gotten to it yet on the timeline, but if you have a confirmed weekly up without a confirmed daily up, do you wait on the trade until you confirm on the daily?
NFLX confirmed my daily A down. Mav, you interested, or are you waiting for next week's levels, (or a better point of reference later this week)?
And... so .. add this information to your individual system. It is simply information. How you act on it is up to you. Some here are too classy to respond to your posts. I have no such limitations. Either use the information or don't. That is up to you. Perhaps if you asked questions without the insults you might find higher quality answers than what I can offer.
Mid day 01-10-2012. Biggest improvement I need to make is to get less excited when we have an A up or A down. Trying to improve my sense to gauge the PACE of the market properly and stay away from indicators as they played with my head all day pointing in wrong direction . For example at 102.40 after an A down they were pointing for all the HELL TO BREAK LOOSE and @ 103.05 after an A down- they said up there is nothing but BLUE SKY (lol). Now , these scenarios may still play out sometime today but they have to prove it. Based of overnight inventory, market did not answer the call at the OPEN.
Mav looks like you will get that chance to pickup NFLX in the next few days. Pushed through the prior days highs and now made the a -down and hugging the lows. Usually a good sign of an intermediate top
ACD is a method. It is not a system. It provides points of reference. What Mav is doing here is essentially providing a real time newsletter to guide people thru the markets. He is not making calls. Is making macro, and some micro observations. Please Leap, just sit back for a minute and understand what is going on here. You might learn something. Or, better, pick your pet stock, index, or pair, or even bond and start posting your A's and your C's. We have not had a thread like this one on ET for several years, just trying to keep it clean bruh. Mav has keep this thread as an honest attempt to talk to traders out there. It sat up there for about six months before I decided to click on it. After I clicked on it, I was able to shut down esignal and trade of Oanda's charting platform, which offers almost no indicators. I am just saying to read up a bit. That's all.
Thank you for your charts, I trade CL and I am to following this thread. Is it possible for you to provide a link to MF's subscription site please. Thanks in advance