The ACD Method

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

  1. Quon

    Quon

    Did the market really just hand deliver another opportunity to short?

    Wow, too much...
     
    #871     Oct 7, 2011
  2. pwrtrdr

    pwrtrdr

    Last several post people were talking about "bouncing" off A's


    leaves me guessing
     
    #872     Oct 7, 2011
  3. Maverick74

    Maverick74

    That was 25 handles higher in the ES. What were you guessing about?
     
    #873     Oct 7, 2011
  4. pwrtrdr

    pwrtrdr

    Why take that one or not over any other one.

    How many filters.

    Which time frame over anotehr

    etc
     
    #874     Oct 7, 2011
  5. Maverick74

    Maverick74

    It's the same time frame.

    Let me see if this helps. All A levels are valid no matter what the time frame.
     
    #875     Oct 7, 2011
  6. pwrtrdr

    pwrtrdr

    Let me see if this helps.

    I agree what with you say. I have been unable to determine which A 's to take or not take. Hence I look for any means to figure it out!

    Agree nearly impossible to model this method.

    Maybe its simply spending 10k hours watching and understanding relationships in the markets that make A' more or a better risk reward than others. While hoping once you find them they stay intact
     
    #876     Oct 7, 2011
  7. Maverick74

    Maverick74

    If you have a specific example, I'll try to help.

    Let me give an example. Say ES makes a monthly A up at 1150 on Thursday. you carry the trade into next week and we rally into the weekly A up at 1175 and fail there. That 1175 is where you want to get out.

    Let's try another one. Say the ES rallies into the monthly A up at 1170 and the weekly A up is 1167 and the QTR A up is 1175. Lot of traffic here right? If you wanted to fade this move, I would be looking to sell anywhere between 1167 and 1175 provided we don't go through 1175. If we trade through it and confirm, you get out and move to the next trade. Don't try to re-sell it or scalp it or sell it at lower prices. Just move on. If we confirm above the monthly, then get long!

    But yes, the 10k hours does help too. :)
     
    #877     Oct 7, 2011
  8. pwrtrdr

    pwrtrdr

    Ok, thanks.

    Do you see a lot of trades you "like" week /month or however you prefer to view ?
     
    #878     Oct 7, 2011
  9. Awesome thread. Unusual on this site. I haven't been able to figure out exactly how to calculate weekly and monthly A values. My best guess is:

    Monthly: Place levels around the first day of the month based on whatever % of daily ATR one chooses to use

    Weekly: Place levels around first hour or two of the week? Just using the hourly ATR seems to work decently well based on eyeballing some charts.

    I'm not lazy, got the book coming the mail. Just got a little down time this weekend browsing some charts :)
     
    #879     Oct 8, 2011
  10. Market is certainly honoring its targets for several months.
     
    #880     Oct 8, 2011