The ACD Method

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

  1. k....:)
     
    #5841     Jun 11, 2012
  2. Shanb

    Shanb

    What strategies do you like in this tape...personally i like buying low and selling high :) haha
     
    #5842     Jun 11, 2012
  3. Shanb

    Shanb

    Nice spot king, seeing the same thing in the dollar as well :)
     
    #5843     Jun 11, 2012
  4. Shanb

    Shanb

    And the weakest among them was CL...outside day engulfing the range of all June's action thus far. Not alot of support until 75-76ish
     
    #5844     Jun 11, 2012
  5. 50/50

    50/50

    I looked at the ACD but couldn't make it work for me. How do you weed out all the false signals?
     
    #5845     Jun 11, 2012
  6. Shanb

    Shanb

    Despite the craziness in this market there are still some setups with follow through. Check out X from last friday. failed monthly aup to a down in three days. Down over 14% from thursdays failed monthly Aup!

    I was taking this one short on Friday, but considering the weekend events i did not. X couldnt rally at all on friday with the market and ended up gapping up a bit today and they proceded to kill it all day. New lows on the year
     
    #5846     Jun 11, 2012
  7. me too, I thought today was tough sledding based on the tape, I suppose
    if you shorted from the globex open and held short you did well. I think there are some good bargains out there, funny how europe matters again.
     
    #5847     Jun 11, 2012
  8. Maverick74

    Maverick74

    Only if you think making 40 handles in the spoos or 400 pts in the Dow is doing well. Whatever floats your boat...:)
     
    #5848     Jun 11, 2012
  9. Shanb

    Shanb

    Here's the Q&A from the thursday's fast money...watch me at around 7:30ish :)
     
    #5849     Jun 12, 2012
  10. Shanb

    Shanb

    #5850     Jun 12, 2012