Perfect failed A-downs in the SPY and AAPL...to the tick.. Looking at Soda, Wynn. Both upgraded and showing some initial weakness. MS is holding in too A-up at ~12.4. Things at 52 wk lows...downgraded today as well. Don't know if it would be a good long if it confirmed...prob not lol
I am looking at a 2 minute opening range right now due to volatility being so high. I had this weird dream last night that I had all the acd values on a sheet of paper.....
Once again, the strong number line in CL is showing itself. Failed A down this morning and now a confirmed A up. Going for a plus 3 day here. BTW, my weekly A down in CL is 75.13. Actual RTH low was 75.17.
Nice...did you take that? I was looking for a good news bad action/ type play.Didn't get it. Long DB from 32.75. Downgraded. A-up held. Looks like they want to close the gap in the SPY.
no I have a little different system. I am a tard and can only focus on one thing at a time. Here is a chart with floor trader pivots, mentally note where a good entry/exit would be. Also. Take the other side lets say you faded the A up where should you have gotten stopped out? Most people only look at the $$, the best traders lose small, this is easier said than done believe me!! http://www.youtube.com/watch?v=qMxX-QOV9tI&ob=av3e
LOL. Well so far 2,000 hours is working fine. rest of the remaining hours will be used for weekly/monthly set ups. http://www.screencast.com/t/Ot0q8wBr2
Rofl, I didn't punch a time card, but if you are to include my total trading education, 10,000 is probablt accurate. I have sent any number of pm's to people telling them this business is a at least a masters degree. I have had time off to take care of and bury my Dad, and it has affirmed that this is what I enjoy. I miss trading and have realized for me this is the business I want to pursue. ACD for whatever reason makes sense to me, and added to my bottom line before I took a break. I have been charting monthly as well as daily, and I study a few minutes daily and still find value. I have a gap in my monthly charts as a result of my time off, but I will be back this month and fill in and report my results. Everyone has something different that works, but this is a good logical approach for those that are willing to study. I have had other methods that worked and at least one that fit well with ACD. The key is HARDWORK AND STUDY!!! There are no freebees in trading!
Welcome back and MAY GOD REST IN PEACE YOUR DAD. My dad passed away 3 years ago and i still have not gotten over it fully.