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He HAD to say that. The currency was behaving like a penny stock. They have to talk it down. The only way for Japan to create inflation will be through their currency. They still have negative interest rates!!!!!! I would be much more likely to give his words credibility if Japan started...

One of our active followers sent me an e-mail asking for me to expand on my comments from last week on what I meant by a "puke". I'll try to clarify. Markets have a certain structure to them that is governed by human behavior. Human behavior is often defined as unpredictable thereby making...

King, I think Japan has a much more clearer forward picture then Europe. I personally think Greece is already gone and actually priced in to the market. But Europe is going to be very messy. Japan on the other hand is a one way train. There is no doubt in my mind we will see a 250 USD/JPY...

One major change I would mention is that I express a lot of my trades via options vs the underlying and in the energy markets a lot of my opinions are expressed through the forward curves. I'm always looking to optimize where I can.

Japan is obviously in focus right now with the Yen pairs going vertical yet again. Also Europe is very interesting. Currencies don't get volatile for no reason. I don't think most people understand just how much pressure it takes to move pairs a meaningful distance. It's not like stocks...

Buy pukes in strong number lines. Very simple. Puking action is almost ALWAYS bullish. If I had to guess maybe 95% of the time. Markets don't roll over on pukes. Buy em up. Same goes for spikes in weak number lines. That strategy will outperform the indices for the next 100 years but...

Tape reading days played a huge role in both formulating the number lines and my reliance on them. Markets can hide very effectively on daily charts. The intra-day charts don't lie. There is no place for order flow to hide. If someone needs to get in, they get in, if they need out, they...

There is some nuance here. For intra-day 30 min, weekly I use an hour, monthly a full day and QTR 2 days.

Almost nothing has changed wrt to number lines. They are the heartbeat of the ACD system. Would not trade without them. In fact, whenever I fall behind for whatever reason and haven't updated them, I do NOT trade. The most important is the 30 day. Always has been and always will be.

Two things: Volatility and FX flows.

Yes. Lots of changes around the edges but the core methodology is in tact.

Maybe everyone left because they read all 955 pages of ACD and mastered it? Nice job guys!

Man, this place really is dead. LOL. Didn't I put enough fish in the lake? :) I wanted to stop posting at 20k posts and did and then for some odd reason, my post count mysteriously jumped to 20,001 (nice trick Baron). It actually felt good being away from ET for awhile. I took a quick...

Does anyone around here know if this ACD crap works? The thread seems kind of long and I really don't want to read the whole thing. :)

Alright, let's get this over with.

You guys have the pattern recognition skills of tick mice. Some of you claim to predict the future with squiggly lines but can't see what's right in front of you. LOL. He never left. :)

When I saw worked out, I'm referring to the short term policy. Long term, all pegs fail. Short term it could have worked had the Euro Zone not been such a clusterf*ck. Hope that clarifies. :)

Here is a brief explanation: http://sg.saxomarkets.com/about-saxo-capital-markets/saxo-newsroom/snb-faces-classic-trilemma-as-eurchf-floor-nears Honestly, the whole mess in the EU really forced the Swiss to try to maintain the cap. Think of the Swiss as a highly leveraged EU economy. If the...

IB has to go after him or risk setting a precedent for all future events like this (and there will be more) that it's OK to stick IB or any broker with a debit and walk away. Also, it sends a clear message to investors of IB stock to get the hell out if suddenly they are open to this kind of...

The account will go into collections. They will come after you. They will ruin your credit. And make no mistake about it, not paying them will mean it will be extremely difficult to open a brokerage account ever again. The only way out will be bankruptcy. This is not a prop account. You...