The ACD Method

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

  1. ammo

    ammo

    was 13 a quarter or weekly a down in es
     
    #8221     Jan 23, 2014
  2. Maverick74

    Maverick74

    My weekly A down was 1825.
     
    #8222     Jan 23, 2014
  3. ammo

    ammo

    thanks.....
     
    #8223     Jan 23, 2014
  4. Nikkei down 3% today watch those longs.
     
    #8224     Jan 23, 2014
  5. oftrader

    oftrader

    Very well put. Thanks.
     
    #8225     Jan 23, 2014
  6. Maverick74

    Maverick74

    King, they crushed vol today. There is just no push in this market. At some point it will crack but I wouldn't be surprised if we saw new highs in a few weeks. Nobody is buying vol.
     
    #8226     Jan 23, 2014
  7. ammo

    ammo

    #8227     Jan 23, 2014
  8. oftrader

    oftrader

    Thank you.
     
    #8228     Jan 23, 2014
  9. ISEE below 100 for the first time in ages, but still coming in at 98.

    Not too many bears out there.
     
    #8229     Jan 23, 2014
  10. oftrader

    oftrader

    Here's how I have understood it and seen some really good results. This is for futures only.

    I calculate the previous 10, 20 and 30 days average daily range (24 hour session). Then I take the min and max of those 3 values and discard the middle one. Then for the current day, add those 2 values to the current price to get the ADR high limit and subtract from the current price to get the ADR low limit for the day. As price makes new intraday highs/lows, the "ADR limits", as I call them, move closer to each other. When we have a confirmed A, the ADR limit almost always gets hit.

    See attached chart for today's CL action. Just happened to be a confirmed intraday A up in CL today.

    Hope this helps:
    ADR_Limits.png
     
    #8230     Jan 23, 2014