The ACD Method

stopped out of Nzd/Cad. Two big winners and two small losers. One more great thing about following the ACD process.

 

I know you've mentioned this book before - so I was at B&N yesterday and picked it up.

Haven't been able to put it down since and am nearly done. It's really, really interesting/insane/informative. Good suggestion

...also it's interesting to compare the portrayals of MF in this and The Logical Trader (obviously a bit different, and you weren't kidding about the ego stroking).

 

I couldn't put it down either. The NYMEX was a real zoo. What a cast of characters.

 

Sounds fair.

 

EURSEK A up. Confirmed at the end of the US session. If so, I will take a position. Sentiment good, consolidation number is bad. Minimum position due to possible consolidation.

Edit, going to try ACD values based on first of the month opening ranges. Price will have to clear all major TF pivots to qualify, so the A up will come at 2157

 

EUR/SEK has not confirmed yet on my monthly and is right below my QTR as well. This pair looks very choppy to me.

 

Interesting, now to confirm an a A up on say a quarterly chart, do you actually wait a month and a half?

 

I saw the chop as well, kinda looking forward to trying my first failed A trade

 

RCG, when do you sleep man?

 

I don't use QTR for entries. They do have a very specific purpose though.