The ACD Method

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

  1. Hello Partha,

    I track of number of the ETF's Mav provided back on 2/28/11:

    "I'm going to list all the commodity ETF's since there is soooooo much interest (sarcastic) in commodities here.

    GLD - Gold
    SLV - Silver
    JJC - Copper
    PPLT - Platinum
    PALL - Palladium
    LD - Lead

    CORN - Corn
    NIB- Coco
    JO- Coffee
    BAL- Cotton
    SGG - Sugar

    SLX - Steel
    KOL - Coal
    CUT - Timber
    SEA - Global Shipping

    OIL - Oil
    UNG - Nat Gas
    UGA - Gasoline
    UHN- Heating Oil

    TLT - Long bond"
     
    #9181     Oct 12, 2014
  2. Humpy

    Humpy

    Anybody still making profits with ACD ?
    What are the costs involved besides lots of time ?
     
    #9182     Oct 12, 2014
  3. Many people think ACD takes a lot of time, but I don't think so. Having scored literally tens of thousands of charts, the scoring process is quite rapid for me. What takes much more time is interpreting what the numbers tell me, relating them to what I see on the charts and the levels I have on them. For this you get out of it only as much as you put in, so I don't rush it. Indeed if I don't have time to do proper prep, I don't enter trades on that day.

    As for other costs, I'm not sure what you mean. I pay for Sierra Charts, $40/month for package 5, because I really need it for extracting data and ease of plotting levels. Even if I didn't use ACD I reckon I'd still be paying for this so I don't see it as additional cost.
     
    #9183     Oct 12, 2014
    Humpy likes this.
  4. partha

    partha

    Robert, Thanks ...
     
    #9184     Oct 12, 2014
  5. Great question.

    Back on 2/2/12 CoolTraderDude asked a similar question and Mav's response put me on the road to trading profits with the 4, 9, 18 moving average crossover system. I'll re-post it below: :)

    Quote from CoolTraderDude:

    So does this method work...? What's the verdict of you guys using it with live money...? It seems really complex and there are way easier ways to trade...

    I also don't think that there is any significance to the opening bar... :p


    No, it doesn't work. Avoid it at all costs! Three words for you to look up...moving average crossovers. You'll thank me later!
     
    #9185     Oct 12, 2014
    logicaltrader likes this.
  6. I just LMFAO or whatever that acronym is :D
     
    #9186     Oct 12, 2014
  7. Hello HomeGamers,

    It’s a good thing you haven’t acted on any of my signals because I’ve completely changed my number line approach. :)

    I sort of started from scratch a few weeks back and found some number line patterns that, when combined with weekly and monthly A levels for confirmation, have really got me pumped. Pasts results have been stellar and of course I’ll use these revised signal/confirmations in my retirement funds going forward. I’ve put a few of the signals on the attached (they are cherry picked but I’ll add them all later and make calls as they occur).
     
    #9187     Oct 13, 2014
  8. ignl

    ignl

    USDJPY touched monthly A down @107.13 for me tonight.
     
    #9188     Oct 13, 2014
  9. DT3

    DT3

    My quartely level in SPY is at 190.3 will look to get long today of a failed A down
     
    #9189     Oct 13, 2014
  10. ignl

    ignl

    For me it confirmed A down today. Did you get long?
     
    #9190     Oct 13, 2014