The ACD Method

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

  1. Does anyone trade spot forex using ACD and number lines from Futures FX?

    CAD, CHF and JPY are expressed as the inverse of course, but that should not be an issue selecting the currency to short/buy.
     
    #6611     Oct 5, 2012
  2. Maverick74

    Maverick74

    I use these levels for longer term macro trades. I look to buy pullsback in strong trends or sell the pops into these levels. On the momentum side I look for confirmation above and below the A levels. When price is trading inside the monthly A levels, the A levels are price targets.
     
    #6612     Oct 5, 2012
  3. Maverick74

    Maverick74

    I use ACD for FX as well. EUR/AUD solid monthly breakout to the upside right now.
     
    #6613     Oct 5, 2012
  4. Maverick74

    Maverick74

    Anyone else watching these heating oil and gasoline crack spreads right now? Very strong.
     
    #6614     Oct 5, 2012
  5. hoop121

    hoop121

    yeah, isn't this the time that heating oil demand tends to start increasing for the northeast?
     
    #6615     Oct 6, 2012
  6. Maverick74

    Maverick74

    Yes, for heating oil alone, there is a seasonality trade to the long side but it's my understanding that the seasonality in the cracks are actually to the short side in the fall and the long side in the spring. There is a major squeeze going on right now against these seasonality traders who are short.
     
    #6616     Oct 6, 2012
  7. Shanb

    Shanb

    #6617     Oct 6, 2012
  8. Maverick74

    Maverick74

    I definitely will check this book out. It's been on my to do list for awhile now. Looks engaging.
     
    #6618     Oct 7, 2012
  9. +1
     
    #6619     Oct 8, 2012