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wandering back to the OR for a bounce? waiting......

So TLT made an A down intraday (116ish), but is sitting right around the monthly A down (116.20ish). Looks like SPY made monthly A up few days ago. Taking no action right now. Waiting to see how TLT and SPY turn out end of day today and maybe pull the trigger tomorrow.

This is just me but multiple pullbacks across a level that don't meet the time requirement I would consider a fail. It needs to decisively cross the A/C level and stay there, not just pierce it off and on throughout the day and cumulatively meet the time requirement. I'm looking for price to...

Got an intraday A down on TLT. A) True B) False C) M6 is an knucklehead

Nice confirmation that my weekly numbers not too far off. My weekly A down on SPY is 130.54

I do something very similar. Macro ACD to find a sector to focus on. I use FINVIZ to scan the sector to find few choice stocks (dozens of filters available). Then i look at a price relative chart to guage strength or weakness. So now i have the strongest stock in the strongest sector that meets...

same here. one trade on a SPY bounce. starting to look for trades that aren't there so I'm done.

With the values I'm using, today is the second attempt at a weekly A up on SPY. Gapped up, came off hard, good A down, retracing into fib area and mid OR. Retesting weekly A Up level. If anyone thinks this is way off let me know. Pretty much watching just SPY while finishing setting...

my attempt at contributing. for anyone struggling with how to put together your own system using ACD. horizontal lines are A/C levels. based on an ATR measurement and another volatility filter that I use. obviously there is more to it than just an intraday chart, but even basic charting...

And... so .. add this information to your individual system. It is simply information. How you act on it is up to you. Some here are too classy to respond to your posts. I have no such limitations. Either use the information or don't. That is up to you. Perhaps if you asked questions...

most of my experience is with day trading index futures. am focusing on ETF's now. would like to explore spread trading (non-mean reversion) and specific individual stocks at some point.

At the risk of getting my pee-pee slapped, I'll comment. This is for my short term/day trading. I analyze price RELATIVE (what Mav calls price action) - stocks vs. sector, sector vs index, stock/sector vs correlated stock/sector, ETF's vs. corresponding futures, indexes vs vix, etc. This...

MavSix ?

We have day traders, swing traders, option traders, directional traders, spread traders, etc. All sorts of different traders on this thread. I see it as big points in favor of ACD that regardless of how or what someone trades, they have confidence in what works for them using their own ACD...

"Know what you know, know what you don't know" Fisher regarding market opinions....

Just a comment from my personal experiences. I don't trade full time, nor at a prop. My expectations reflect this. I won't make millions, I don't expect to. I do expect a decent return from my time & energy. I do make money equivalent to the time and energy invested in trading. I work 24...

Well said.

For anyone that wants to take a look, it's DEBKA.COM (not depka)

got some support levels here from January this year.

Not familiar with this word "vacation" ! ? Must.....watch.....market.....:(