The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. Clue into why 100 level got bought on first test not sure why it can not get above 101 (lol).

    In day trading we have to be right about levels which are important to big money, stop loss, location of buyers and sellers , sentiment, expectation and everything else under the SUN.

    No wonder it can be hard over a long period of time. But it also get easier with PRACTICE.
     
    #3741     Jan 18, 2012
  2. Quon

    Quon

    Feels like a different market since lunch, (maybe just where my head's at).
     
    #3742     Jan 18, 2012
  3. Maverick74

    Maverick74

    Bonds getting smacked pretty hard. By the way, they failed at the monthly A up. For those who are interested, the weekly A down in Bonds is 144'02.
     
    #3743     Jan 18, 2012
  4. Maverick74

    Maverick74

    It's about finding the "tells".
     
    #3744     Jan 18, 2012
  5. Maverick74

    Maverick74

    Here we go. Back to the swing high at 1302.
     
    #3745     Jan 18, 2012
  6. Quon

    Quon

    TBT is a beauty today. A up and well above the daily ATR.
     
    #3746     Jan 18, 2012
  7. Maverick74

    Maverick74

    For anyone that is interested, the Mexican Peso is having a really clean breakout here against the Dollar.
     
    #3747     Jan 18, 2012
  8. I guess for ES Fish concept of if everyone can get a price at the same time how good it is? does not apply. Traders had hour to get on the same price.

    I understand why ES can run quickly above 1302 since underlying market ( different sectors) all have A up. But to wait all day, if one is not long right at 9.30 open at 1291 is pretty tough for a trader like me.

    I was waiting for magic failed A down (lol)
     
    #3748     Jan 18, 2012
  9. Maverick74

    Maverick74

    ES ran 10 handles through the A up. That's about as nice of a move it's had in a while on an A up. Through the pivot no less. But it bounced 16 handles off the failed weekly A down to the tick.
     
    #3749     Jan 18, 2012
  10. Maverick74

    Maverick74

    The best trade was actually GS. We got a failed A down to the tick at 97.82. Made an A up at 100.34 and also a failed weekly A down at 97. That was a perfect trade. I'm long GS btw.
     
    #3750     Jan 18, 2012