Thank you for explanation trader31 ,i think understand king thanks for the resource , what about Ashraf laidi book /Currency-Trading-Intermarket-Analysis-Shifting is it worth a read. king and Mav if any of you guys got any books or ideas that you think that newbie like me should read or look into let me know , im willing to do the "leg work" to help improve both understanding and trading
Alot of ground has been covered in the thread, Mav laid out two macro trades long USDJPY and X (Us Steel) using ACD both were monster trades, I would hunt those down.
Hello Mav, Okay then, if the "Large project" is trading related: What can you tell your loyal followers?
Re FX, a couple of books Mav recommended to me recently; Foreign Exchange - A Practical Guide to the FX Markets by Tim Weithers Currency Trading and Intermarket Analysis by Ashraf Laidi
It is trading related and I prefer not to talk about it. There are plenty of other things I have been talking about for the last 1400 pages though.
where are all ACD members gone the whole thread has be quiet , i think it time to ask some newbie questions . i was gonna ask since the ACD method is quantitative is it OK, to overlay macro-economic concepts/views alongside ACD? Also i hear a some traders talking about sentiment, how would one use sentiment to his or hers advantage in trading and on separate note how come some many ET members are so aggressive , i was lurking around some threads lol the amount abuse thrown around is crazy :eek:
yes to your first question, see the first two weeks indicator in ACD book, hint Nasdaq flat year to date. Sentiment to me is data driven, polling traders is pretty subjective. LOL to your last question, ask Baron. This place is filled with lunatics.
I'm here. Ask away any questions you have. I noticed thread members here are very streaky. They post in clusters then disappear for awhile.
ok, here is one: what is based on your observation and experience is the toughest hurdle swing trader has to overcome for lasting success ?