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Well..... Cable took out the daily, 14 day and 3 day pivots in a very strong upmove. There were three entry points 1.9161 (top of daily pivot) 1.9168 (top of 14 day pivot) and 1.9201 (top of 3 day pivot) For a longer term position, the 14 day pivot short was stopped out at 1.9168, and a...

Todays opening sees the market below the daily,3 day and 14 day pivot ranges. For the longer term trader who got in at the break of the 14 day pivot range yesterday, stops should be moved to just above 1.9168 for a risk of just over 10 pips. The less aggressive trader would wait for an A down...

Another pivot "play" is to use the 3 day pivot range and trade breaks of that. This is different from the 14 day trade in that an overnighter is not recommended with the 3 day pivot range. It also means that there won't be a trade every day. A break of the 3 day range can have quite a...

I have been looking at trading longer term pivot ranges with cable, and they can be quite profitable. I have noticed though that when the market starts to reverse through a pivot range, there is the possibility of several whipsaws. For example, today cable broke through the bottom of the...

As an example, today The daily pivot is 1.9225 - 1.9223, whilst the opening range is below the pivot viz 1.9223 - 1.9188 Thsi sets up a beraish tone to the day, and whilst the market remains under the opening range one would look to sell the market. In addition, the A down is at 1.9160...

For anybody new to ACD, it is a method of trading practiced by Mark Fisher. His book The Logical Trader is where you will find details of the method. There is also a good write up here: http://www.investopedia.com/articles/technical/04/032404.asp

I would like to commence a discussion thread on the above. I have been trading ACD on cable for the last three months. There are many nuances of this method, and it will be helpful for any practitioners to discus these nuances. Look forward to some input. Regards Handle