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One thing I've noticed with A-ups/downs. When there is an initial bounce off of an a-level and it temporarily holds...this would be a fade trade. If the fade trade fails and the market pushes back through the A-level this is usually a good place to enter the trade. In other words, a time...

Nice, thanks for sharing. I assume for a daytrade a 5-minute close below/above the A level would get you out. From what I've seen so far this does seem to weed out the bad trades.

Net PNL=-48 Shares Traded=1400 Didn't trade very much at all today. As I didn't see alot of opportunities. Market was down hard today, but was chop for much of the session. NTAP: NTAP had been upgraded and made an A-up in the beginning of the day(confirming a long bias). Started...

A-down was confirmed but not trusting this move...no urgency.

Ya never traded TM before...really illiquid ADR. GM is getting to the c-down nonetheless

Also looking at Toyota...let me know what you guys think. A-down is at 67.95. Auto sales were relatively ood...seeing some weakness. GM is getting towards the C-down as well

Yea and was below the pivot and 3DPR..thought it might squeeze since its been pounded so hard. Looking at GM and some of the auto names...good sales numbers but drifting down. GM just got below 3DPR and the daily pivot range. Daily chart looks weak too.

Here is the ACI trade. Got long 14.05 on the confirmed A-up. Guidance came in really bad and was down close to 10%. Market weakness around 9:00 ended up killing this long. Stopped out after bad PA after ~20 minutes(13.88).

Your APPL is slowly getting there...good that ACD kept me out of a short in there. No confirmation no trade...probably would have been churned in that just a few weeks ago lol

Looks like you are using 15-minute OR for aapl

Will watch for it...got long some ACI earlier. came out with horrible guidance. Confirmed an A-UP. Was took out with a time stop. Are you expecting some range bound action here in the market? SPY had a failed A-up at the pivot for me.

APPL showing some weakness, even with todays news of the iphone 5 being released soon. A-down at 373.2

I think the paper trading champ is confusing you for another person LOLL

I've been more active in the ACD thread in this forum as of late. Been working on the ACD method for the past month or so and getting some help from Mav and the other some of the others pros in that thread. I definitely like the framework and simplicity that ACD brings. I think I may have met...

So as of late I was running my risers/fallers strat that I highlighted earlier. It was profitable for the past month as I was forward testing it. I tracked my results with a spreadsheet for the past 20+ trading days. It has some drawbacks and good things. Namely that it is the big winners that...

I'll have to get you a beer or something...definitely appreciate it!

Looks like it's only intraday(15min)

Yea I use finviz and it is great...do you happen to know of any EOD scanners that scan for those toby crabel patterns? Like NR4, NR7...this seems like a good substitute for a narrow pivot scan(don't know if that even exists)

Word. BTW Check your inbox...would appreciate some feedback on that plan when you get the chance :-)

Since I've now had a decent amount of time with ACD, I am really starting to understand what it is about. I've been trading small size and looking for the good R:R setups, but haven't outlined a plan and figured out exactly how to employ it(product selection, breakouts etc.) One good thing...