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I'll give you credit for not bailing on the thread. I will say that perpetual martingaling is not a wise risk management technique. It's precisely moves like this when combined with leverage sends traders into the retail food industry.

USD/JPY 96.55 print. Game, set and match. Sitting in the red for almost two months.

Yen pairs all breaking out again. I'll give a breakdown over the weekend.

Actually this is not true. At least in finance. Professors have many ways to leverage. Many of them publish research. Many write books. Hell half of them are active traders making more money trading then teaching. Many make money, lots of money, giving speeches. Honestly, the income is...

Do you care to post the current open losses from these orders (90, 90.25, 90.50, 90.75, 91.00, 91.25, 91.50, 91.75, 92.00? Being that the Yen is breaking out to fresh highs here above 95.00. You don't have to, but I think it might be helpful for others following your thread here.

Right, once you factor in variance and compare it to the public sector, Wall Street people don't make shit. You have to calculate the expected value of lifetime of work plus benefits and adjust for variance. In other words, if Wall Street people had a sharpe ratio it would be under 1...

And one last ticker for you home gamers, GOOG is breaking out big time. We closed above the monthly A up today which is 819. It's the 2nd day of the month! The QTR A up breakout was back at 773. Also closed above the weekly today at 820. And yes, it's at an all time high. I don't have the...

GBP/JPY bounced nicely off the QTR A down around 137 and did a complete re-set on the 30 day number line thereby completing it's consolidation phase. Cable is showing a nice bid here across the board. Put in a massive +3 reversal today on the dollar and is currently sitting right at the weekly...

I know none of you guys probably trade cotton, although there is an ETF for it, but of all the commodities, it's the only one bid. Nice breakout the last few weeks. The QTR A up is 79.82 which we blasted through. Coming up to the monthly at 87.33.

Sure. Coming into today we had a +2 on the 5 day. And a +16 on the 30 day. Strong uptrend still in tact. The weekly A up is 2761 so that is always a target. The intra-day A up was 2751. We traded up there and failed almost to the tick this morning. We re-tested it again later and failed a...

The number lines take first priority and I don't have those so keep that in mind. The monthly A down is 411. Good chance we tag that. The weekly is 416. Since we already confirmed a QTR A down, I doubt any levels are going to hold. If the spoos "should" roll over at some point, this stock...

Yes, all my ACD levels are plotted automatically. The number lines are qualitative though. So I have to input those manually.

Medic, good to see you back! I use it as a switch. It's either on or off. When it's on I'm not fading anything and looking for follow through on breakouts. When it's off I fade and use fade entries into long term trends.

Here is the monthly on ES. Bounced off both A levels. Pretty clean moves.

Looks like Fish finally updated his website. It's been a while. http://www.mbfcc.com/

OneFive, thanks for reposting that. I don't use any VIX indicators. The vol signal is ACD based. I don't want to go into details here about it. One can probably figure it out through deductive logic.

Funny how that works huh King. :)

ES also bounced off the monthly A down. Nice 10 handle bounce so far off that level. The 5 day is -3 and the 30 day is +11. BTW, the yearly A up for ES is 1537. The swing high was 1530. Perfect failed yearly A up.

FX was absolutely crazy today yet despite that, all the ACD levels worked. I'm attaching the Yen chart. When I show these charts to people they assume many times I draw these lines in after the fact. When in reality, we had these levels back on Feb 2nd. The 30 day on USD/JPY is back down to...

Let's take Gold first. Gold bounced off the yearly A down at 1550. That's a nice bounce. We also technically did not confirm the QTR A down at 1580 and we are back above that. My 5 day went from -11 back to zero now. That just shows us the downward momentum has subsided. The 30 day is...