The ACD Method

450 level just held again in AAPL. You think this weighs on equities into the close Mav?

 

Magic of A up. long 98.54 out 98.98. A up does not mean, just buy any where and hope for $2 move. One has to work to get some ticks.

ACD- gives reference points. I do not know why after A up, OR high level is defended on first test but it does get defended at least once.

As usual I am out early but anything can happen when BIG NEWS is out . We just have to pick our battles.

Watching to see what happens at weekly pivot of 99.55 and Maverick74 weekly A up level of 99.77

 

The Fed just flooded the market with money again. Not sure what will bring it down.

 

Weekly A down was 97.73. Actual low was 97.53. Perfect failed weekly A down.

 

Bonds and equities both up... hmmm

 

Yes and thanks for levels.

 

Here was the original timestamp mfb.

01-23-12 01:20 PM

Quote from mfbreakout:

Hi Mav,

I am looking at Fish sheet for Euro Currency. He has trading hours as 2.30 am till 4.15 pm.

What time do you use for US session?

Also, weekly and monthly levels for CL.

Thx



I use 8:30 central time for Euro.

CL 97.73 and 100.77 for weekly and 96.43 and 106.40 for monthly.

 

TBT just made a failed weekly A down

Edit:... eh... maybe not

 

short 99.48 , stop loss 99.61 cover 99.08.

My stop loss is a function of how much i want to loose as i assume i will get stopped out.

We have Mave. weekly level of 99.77, I have resistance at 100.23- 100.36. CL can run up and fail any where in between or just keep going up.

I never really know where CL may pullback or run up to. I have some levels and use STOP LOSS to test them and when price action is HYPER, I am risking 10 ticks, so i should be happy with 40 ticks or so gains, rather than waiting for bigger moves.

 

LOL. I was just trying to pick on your comment of almost to the TICK - as FUN. It's all good in CL land.


DXY down and CL looks like trying to claim 100 level.