The ACD Method

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

  1. Samsara

    Samsara

    +1
     
    #791     Oct 4, 2011
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  2. mfbreakout

    mfbreakout

    For weekly A downs/ A ups, what do you use for time filter for confirmation? one day, 2 days?

    Thx
     
    #792     Oct 4, 2011
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  3. Maverick74

    Maverick74

    Few hours.
     
    #793     Oct 4, 2011
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  4. Shanb

    Shanb

    Watching apple getting towards that A-down level.
     
    #794     Oct 4, 2011
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  5. Maverick74

    Maverick74

    It's at my weekly A down 369.15.
     
    #795     Oct 4, 2011
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  6. Shanb

    Shanb

    Thats a double wammy lol...failed there for now. Time is more important than price!
     
    #796     Oct 4, 2011
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  7. Maverick74

    Maverick74

    Nice 4 pt bounce off that level on a wick. Textbook!
     
    #797     Oct 4, 2011
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  8. Shanb

    Shanb

    Wow! Can't believe I didnt take that. Was watching SODA too...its CB'ed literally no upticks in the last 20 minutes
     
    #798     Oct 4, 2011
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  9. Quon

    Quon

    You know, it's interesting, but this happened last Tuesday too. SPY confirmed an A up on an inside reversal and then went into free-fall on the way to a C down. Apple did that today, (though we all know how it sells off on the unveiling of a new product).

    Lot's of A ups today around mid-day and now it looks like we're giving it up again, (like last Tuesday). At least we ran to the daily ATR in most cases today...
     
    #799     Oct 4, 2011
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  10. Maverick74

    Maverick74

    You have to pick your spots. Don't over trade getting in and out in and out. Look for the high probability set ups.
     
    #800     Oct 4, 2011
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