The ACD Method

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

  1. I am in the process of creating the number line and I was looking for bouncing some ideas from the group. Lets say I wanted to create a number line value for a FailedAUp trade. In that case, FailedAUp could occur because of 2 reasons:
    1. Market doesnt spend enough time above the A Level (Half Range Time Condition)
    2. (Question) Market touches AUp or gets close to it. In terms of processing bars logic, how should one deal with this scenario in code?
    Are we scanning for some price levels below are AUp, what would be the trigger that price "touches" / "gets close" and "then starts going down"
     
    #4601     Feb 15, 2012
  2. Maverick74

    Maverick74

    Interestingly enough, the largest open interest on AAPL is at the 500 strike. There are 25k contracts open there..
     
    #4602     Feb 15, 2012
  3. Maverick74

    Maverick74

    Bonds now not acting well at all. Very bad price action there.
     
    #4603     Feb 15, 2012
  4. Maverick74

    Maverick74

    Crude Oil really holding up well today. Very impressive.

    It's actually confirming a weekly and monthly A up!
     
    #4604     Feb 15, 2012
  5. Shanb

    Shanb

    yea very good action there today. AAPL looks like it will close with a outside down day eclipsing two days.
     
    #4605     Feb 15, 2012
  6. Maverick74

    Maverick74

    FSG making a comeback!
     
    #4606     Feb 15, 2012
  7. Shanb

    Shanb

    I was just going to mention gold...still green today!
     
    #4607     Feb 15, 2012
  8. Maverick74

    Maverick74

    Weekly A down in AAPL is 493.75.
     
    #4608     Feb 15, 2012
  9. you know today was the day when some poor slob said I can't take it anymore and went all in long on aapl.....:p
     
    #4609     Feb 15, 2012
  10. Maverick74

    Maverick74

    Just wanted to re-quote this. :)

    I knew I wasn't tracking all these number lines for no reason.
     
    #4610     Feb 15, 2012