The ACD Method

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

  1. lets see if it touches 354 again today
     
    #811     Oct 4, 2011
  2. Samsara

    Samsara

    Are these trades based on ACD? :confused:
     
    #812     Oct 4, 2011
  3. no price action watching the tape
     
    #813     Oct 4, 2011
  4. another retest of or lows of 75.30 got defended and BOOM.

    http://www.screencast.com/t/XwaIQLf02AV
     
    #814     Oct 4, 2011
  5. I was gonna say Boom myself, this kinda tape is something to be excited about, lots of opportunity long and short.
     
    #815     Oct 4, 2011
  6. I think its safe to say appl won't touch 354 today...:)
     
    #816     Oct 4, 2011
  7. Maverick74

    Maverick74

    Monthly A down in AAPL is 360.50. Perfect wick off that level on the daily.
     
    #817     Oct 4, 2011
  8. looked like a fund getting out of a position, those mutual funds are usually great at getting out at the low tick with other peoples money.
     
    #818     Oct 4, 2011
  9. Maverick74

    Maverick74

    Just for the record. Intra-day A down in ES 1066. Actual low 1068. That's 47 handles off the failed A down. No, I didn't take it. I don't like to take failed A downs after a confirmed weekly A down which was 1095. This is where having too many time frames can sometimes hurt you or keep you out of a trade. Take the good with the bad.
     
    #819     Oct 4, 2011
  10. Samsara

    Samsara

    Thanks for the thought/insight. Multiple time frames can often complicate my decisions, so it's good to hear that's not uncommon.

    I'd been sitting on a trending short for 5 days. Sat through that 30 min rally through the pivot/volume profile, then gave up and covered at the very end. Hate unexpected moves like that, that don't give a moment to figure things out.
     
    #820     Oct 4, 2011