The even more impressive part about this is that ACD would have got us into that trade up to an hour before..
I've noticed that in Ags especially. For example pre-roll price action in the new contract doesn't always match that of the old contract. Usually it doesn't have a significant effect so doesn't matter which way you score it. Though I recall when Sugar rolled from the V4 to H5, it was a significant difference in scoring between the two contracts during the week prior to rollover.
Can you post a chart of the day in question. I don´t mind giving you my opinion but there is more experienced guys on here than me.
You can see on the attached that February was a fairly good month. The last few days however were not very strong as evidenced by the many negative and zero NL days. It will be good to clear the monthly NL decks and start fresh. Of note this week is the continued strength I see in the energy sector. XLE had good NL’s back in April and then a good run. I’m seeing many similarities and am adding this to my MF’s tomorrow. Per last Sunday’s post, I did add High Yield Bonds and no regrets at this moment. I also posted last week that Emerging Markets (EEM) had turned positive. I like the numbers and look of the chart. I have put in my order and will add some at tomorrow’s close. Regional Banks (KRE) went 30 day positive on Friday and it’s been some time since that happened. (Went short term positive on 2/5/15.) There are many other items that you can read about at my pay for view web site: www.ACDmethodstolenfromMav.com
I notice the quote about major market moves being preceded by action in the currency markets was brought up recently. It's something I've been wanting to research some more. Anyone have any advice or comments on this subject, or examples of how they've used it? Obviously I noticed how the USD breakout last year impacted commodity markets in a big way, so that's a good example of this effect. But that was relatively easy because everyone knows for example that strong USD means pressure on gold. But I am lacking knowledge on other currency relationships with other markets and looking for a way to get educated in that area.
Did anyone notice the dislocation in the number lines on the US indices? As we were making new highs the number lines were getting weaker.. Maverick talked about this a lot.
Long read, but nothing better. http://www.amazon.com/Currency-Trad...8&qid=1425752138&sr=8-1&keywords=Ashraf+laidi
Hey now HomeGamers. Assume your retirement mutual funds are killing Open the attached first week of February and scan the 5 day and monthly. Then open the first week of March and scan the same items. Big difference …. big weakness, pretty much across the board. Of note this past week: Gold (GLD) continues to get hammered. Look at the 5 day and monthly numbers. The dailies went -2, -2, -2, -4 and -2. It’s buddy silver (SLV) went short term negative on Feb 23rd and 30 day confirmed on Thursday. As fast as junk went positive (HYG) it went short term neutral on Wednesday and short term confirmed negative on Friday. I’m out. All the other bonds have been, and continue to show weakness: SHY, IEF and TLT. (Unless of course you’re TBT). Real Estate Sector (IYR) is short term negative. Oil (USO) went short term positive on Feb 6 and the 30 day confirmed on Thursday. Consumer Staples Sector (XLP) went short term negative on Friday.