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Hey Maverick, I typically like to look at what Joe's doing too. Since reading the Logical Trader, (and seeing his name in the dedication) I've tried to keep an ear out for some of the trades he seems to be looking at. Sounds like the book, (just based on the title) is something that'll be...

Thanks Maverick, Great article. I've seen his trading seminar videos, (try to catch him on Fast/Sqwak/Strategy Session as much as possible) and have been well aware of his affinity for nat gas, but he makes some very good points here and kind of ties his thesis up with a bow. Favorite...

Just adding my two cents, (for what it's worth). I think it's important that you find something that's confirmed an A on a longer term time frame, and yet not become overly volatile just yet. A's tend to occur before the product really explodes to the upside, (look at Maverick's calls on...

Sounds like a pretty good idea there. I especially like the idea of using the BLS non-farm report to build a monthly level around. That said, I haven't used it in the past myself, (my levels tend to be a bit more pedantic-happy to take the meat of a move and leave some on the table so long as I...

Another great heads up! Thanks again Maverick, much appreciated.

This is well put. In my experience, the loudest folks are typically the ones who are getting their hats handed to them, and feel the need to "hate" if you will. Maverick, I think I speak for many of us when I say how grateful we are that you share so much of your hard work here at ET. I...

Hi Felix, While there really is no "wrong" way to use ACD, you have to think of the ATR as the average range of the time period you're evaluating. So for instance, while you might use a 15 minute opening range, that's not really the time period you're evaluating, rather, the time period...

Agreed. Maverick, thank you so much for walking us through the thought process here. Valuable stuff! It should be an interesting week then. I know we've got the monthly a up in gold/bonds, and a monthly a down in just about everything else. I just wonder, we've run way past our ATRs for...

Hey Maverick, Again, kudos on the Bond and Gold trades that you pegged in late July. I'm curious, was it the number-line that tipped you off to those moves, or was it just a time frame encompassing the month of August along with the fundamental decline in world financial markets? I hope...

Maverick, Thanks as always for your insight. I was getting caught up in the monthly levels and having seen an A down thought maybe last week was something of a head-fake before more monthly pain. Truly appreciate the wisdom you share with us here!

Wow, you really had to white knuckle playing any weekly signals this week, but ACD delivers again! My favorites in the auto space all lived up to their weeklies set Monday/Tuesday. That Fed statement was visual chaos, but I had the fortune of of remembering something Maverick posted once upon a...

Hey Maverick, I've been watching the 30-year as a result of your head's up this morning, wow, what a trade. Looks like the signals call for some last minute deal that catches everyone off sides. Just heard a talking head on TV proclaim with great certainty that the trade was in shorting the...

Watching the auto space today as usual. Weekly a downs were made in most names on Tuesday and we're confirmed for the month as well. Hopefully you're already short, (or long puts) looks like we'll take out the monthly ATR today. I was looking to cover F at 12.22 today, but the pre-market has...

Hey JSmooth, I'm looking at F. Despite the decent report Tuesday they tanked along with the broader market anyway. I managed a weekly a down, off the back of two dailies in a row. I'd expect weak strength today and further pain tomorrow. I'm not really a guesser, but based on what I'm...

Hi Maverick, Thanks for the reply. Totally agree, (nice bid under the mkt). Regarding getting chopped Tuesday I was still looking down when I should have been looking up, (finally). That said, I should have known, given the covering that began at the end of this week's OR, (in almost...

Hi All, I'm relatively new to the thread, but have been using ACD for some time now. JSmooth had asked about whether or not anyone re-set after the start of Q3. I'd say less than a "re-set" I kind of layer a new set of data on top of the old. So while I might have macro stuff for the year...