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I don't think technical indicators can give you any edge. In fact I think technical indicators are garbage. Except maybe stuff like average range, but I'd classify it under "market statistics" category, similarly to things like "what % of the time high or low of the day is made within first 20...

Maverick, Are you a purely technical trader or do you look at some external data to make trading decisions?

Interesting. What kind of NL did you get for December? I have determined that the time period between 7am and 7pm GMT is where the most activity (I used tick count) occurs. I considered the rest to be "overnight". But from my observations, a lot of movement does happen during those "non active"...

EUR/USD was horrible to trade on intraday timeframe this month (unlike December). Here's numberline values for January (based on 20 min OR, 10 pip A value and RTH defined as 7am to 7pm GMT and a slight discretionary judgement): On the other hand, it made a good monthly A up and went on upwards...

I would love to trade pure ACD but I can't escape the feeling that there's something missing (an edge?). I'm afraid I don't have access to any secret information so this option doesn't fit me. I was thinking along the lines of having some kind of system on top of everything and using ACD to...

Hello fellow ACDers. I have been live day trading ACD method for quite some time now to have experienced both capturing of large directional moves and enduring seemingly endless streaks of small losers. As well as a couple of cases of holding losers a bit too long in false hopes and missing a...

Are you ignoring where the price settles and stop out/bias shift points (B and D) completely? What is your reasoning behind this? Have you done any comparative study to determine if this is better than the original number line?

How important is the number line indicator for your decision to enter (or abstain from entering) a trade of specific direction? Do you follow it mechanically? Or do you ignore it sometimes and take discretionary action (e.g. going long even if the number line indicates a downtrend)?

I just created a small sheet containing all possible scenarios and their values. Attaching it here in case someone finds it useful.

Thank you Robert for the reply. I checked the incorrect examples and noticed that your numbers are off by one. E.g. 4.14 is a C up + D ("F-you" day) and is rightly valued as "0". But 4.15 and 4.16 close in OR and incorrectly valued as "3". Given the rule that close in the OR is always "0", the...

Hello guys. I'm trying to figure out how to assign a value to the day for the macro number line. I went over all 26 examples Mark gives in his book in chapter 4 ("Macro ACD"). For the most part everything seems clear, but I found a contradiction between examples 15-16 and 25-26. For the start...

Simply put, it's a future contract. A bet at what S&P 500 will be like at the expiration date of the contract, not the current S&P 500 price.

Identifying the market conditions is essentially looking at the past data. It is driving while looking at the rearview mirror. How much predictive power does the past data have? Looking at 15 min, 2 hours, 6 hours, 2 days, 1 week, etc. of recent past data and identifying the conditions. Where is...

No one (well, almost no one) realizes that the true culprit of lowering the standard of living is the scarcity of energy resources (read: "oil"). The idea that the current energy resources could provide the Western level of standard of living for the whole world is ridiculous. That's why...

I don't want it to be continuous, because I want to use my own method of creating a continuous contract :) Here's an example (attachment) of what I'm looking for. In this case it's June 2004 ES contract data. I'm looking to buy the whole history from 1998 till now. "is99" - continuous...

Does anyone know where it is possible to get/buy E-mini S&P500 (ES) historical 1-min data that has these features: 1) 1-min data 2) not continuous contract, only separate full contracts 3) not back-adjusted, just raw data 4) contains volume data So, for instance, "anfutures" don't fit...

Hey, but that's the same exact thing I said. I meant that Spain and Africa didn't invent anything. You completely misinterpreted what I wrote :)

Possibly true. But I would ask for sources. But yes, what else can you do when it's always rainy and cloudy outside? When the climate is good, people just go outside and don't bother with thinking too much and complex stuff. Spain for instance. I cannot think of any significant invention made...

Hello, Does anyone have a tick data file from slick charts for June 13th? (file "gx110613.zip") I tried to contact them, but they don't respond.

Here's access to all these secrets Or do you want someone else to do everything for you? :) I would expect any serious professional trader to be a little more independent than that.