The ACD Method

Another example albeit over a slightly longer time frame was AAPL. The whole world was expecting AAPL to tank when Steve Jobs finally stepped down. Then when he did the stock barely budged. Everyone was caught short. Now the stock is at all time highs. Such an easy tell.

 

yes

 

/es set ups played out all day longs.

http://www.screencast.com/t/qzUJSd31P0wG

 

Looks like we may get something here late day in the SPY.

 

For us visual learners, these really help. It's not a matter of being lazy or not doing the work, but some of us learn much better w/ visuals so thank you.

 

NQ failed at the monthly A up on a wick. Nice.

Edit: just noticed that was my 10,000th post!

I was going to stop posting when I got to 10k. Damn.

 

Looks like a late day point c pivot type trade. In short from 120.78.

 

/es after dxy caught a bid.

http://www.screencast.com/t/vzRnz4Jj

 

yw.

 

For me the a late day C up or C down really personify what Mark Fisher is trying to convey as people being trapped in a movie theater which is caught on fire. MF calls these set ups once in a BLUE MOON trades and i have only seen these set ups 6 or so times in crude oil over last 9 months.