The ACD Method

flat 406.40

 

Flip,

Thanks for those weekly stats. Great stuff, and much appreciated!

 

first trading day of the month Oct 3 was the low close for the spy. 109.93, Lets see if it holds. By the way I praise the Lord above I am not short here. I hope all you ACD folks have read the black swan.

 

actually his first book was "Fooled by Randomness"

 

aapl starting to crack

 

Market gave a middle finger after A down confirmation.

http://www.screencast.com/t/B7RJrGhN9kEr

 

Just wanted to give a currency update. The EURO is breaking out against the Dollar, the Pound and the Yen. AUD/USD breaking out. And we have the EUR, AUD and CAD breaking out against the Yen.

 

I'm attaching the monthly snap shot for the currency pairs.

 

Kind of a dull day for CL. ACD kept you out of the chop, though.

If Tony Crabel's right, tomorrow could have some fireworks. Today was NR4, NR7, NR10...(That's sort of equivalent to MBF's "tight pivot range," I guess.)

 

And just to add...

I've got some tight 3 day pivot ranges lined up for tomorrow. That's usually when we get the big moves. My guess is we head up, but no guessing allowed, (I'll return to the mirror and continue with my idiot therapy).