The ACD Method

Actual high: 108.74

 

CHF/JPY continues to break out. Absolutely unstoppable.

 

Alongside EURJPY / CHFJPY, I've been doing well in EURAUD. It's been trading pretty cleanly and broke through and successfully held my monthly A up yesterday. A lot of chatter that macro funds have been heavily short this pair and their covering could provide further fuel for the move...

 

http://vixandmore.blogspot.com/2012/02/credit-suisse-suspends-creation-units.html

 

Yen is getting absolutely destroyed.

 

Mav

The monthly level lines on your chart - do place them manually or do have a code that plots them for you?

If coded, can you recommend a programming service? I have on for Ninja but would like to stick with TOS.

 

All my ACD stuff is coded. You can get custom code for TOS here:

http://www.thinkscripter.com/

 

And the move continues.

 

Here is the USD/CHF breakdown I was talking about last weekend. Monthly level broken although it's the end of the month so this level does not have as much importance. But better watch those monthly levels for March.

 

And finally we have the EUR/USD which continues to breakout and squeeze the shorts. Took out the monthly A up today, but again, it's the end of the month. March levels will be crucial.