CORRECTION: After talking with Shandu today at Logical trader, my explanation of 30 day Cum +/- is wrong. It has nothing to do with 30 day cycle. It is a number they use to calculate 30 day Cum ABCD along with daily ABCD number. Since all of you calculate and maintain your own numbers and they are working, i will ignore logical trader numbers and keep using what is working. This proves that different ACD traders have different 30 days ABCD numbers, they work as long used consistently. I have started to think what the hell i am doing by paying $1800/year for subscription. I need to start calculating my numbers. That's why it is meaningless to other ACD traders when someone post that as an example ES jumped off his weekly A down level to the tick. As long as our direction is right we are good. I do not want to be short Crude when shanb is getting long at his monthly A down level. I am sure new traders of ACD method will get more confused reading Maverick beans numbers are showing strength whereas Fish numbers are very bearish (lol). I guess that's what makes us discretionary traders.
Love the price action in crude. Great recovery today. Had a solid plus 3 today with the failed A down and confirmed A up into the close. The weekly A up is 105.50 but the level I want to watch is the monthly A down for May. If we should happen to get a test of that level, load the boat! If not, I think the confirmed weekly A up this week could be a fast trade to $110. The price action in crude has many people confused with the record pile up in inventory and tensions calming down in the middle east. Part of the strength in the bid is coming from the Brent/WTI spread narrowing. Keep an eye on that.
No, i did not ask for the calculation of the method. I will call again and see if i can figure out the method.