The ACD Method

Remember we have the first two weeks reset so pay attention to the macro. This worked very well in oil this year happy new year.

 

could you elaborate? what is the first two week reset? all the NLs reset the beginning of the year? I thought they all reset monthly so isn't it moot.

 

I think he is referring to the first 2 weeks of the year behaving like an opening range for the first 6 months of the year. Fisher talks about this range in his book as being statistically significant.

 

Nothing to do with number lines the idea is to watch the first two weeks as an opening range for your product es spx etc. This is discussed in the ACD book

 

There's something about your handle that made me blink and shake my head

 

Ditto.

Happy New Year one and all. Now back to my lurking.

 

I was going to say the same to you

 

CL.. Down the hatch

 

93.75 and 100 are the monthly levels. Nothing to do here.

 

gracias.. haha It was like you knew my question before I asked it..