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Well we will disagree on the other stuff so lets talk about this. ACD levels are really a range or zone if you look at the stats. It is the area where generally speaking price movement will fail and mean reversion traders can make a profitable trade. When it moves past the A level area...

He has contributed way more than is in that book. Please show a little respect and keep that kind of stuff in a different thread.

It is suprising how often the small move is less than .05. Here is the big move distribution.

Shan here is the small move distribution. Suprisingly gnumeric doesn't do a plain old bell curve so this is the closest I could come up with. The figures on the bottom refer to a price range. I'll post a screenshot of that in the next post. It will also show you a frequency count. EDIT...

In retrospect I am not happy with my entry. I misunderstood the statistics I was running. I placed too much weight on the average when in reality the average doesn't mean much. It is the distribution that counts. I should have gotten in at a much better price. But there is nothing to...

I'm going to post some figures here so I don't lose them. If you are curious they are the amounts in pips that contain the listed % of big and small moves from the open in each period. Monthly: Small 50% 80 pips 80% 150 90% 220 Big 50% 314 80% 646 90% 812 Weekly: Small...

I would give you the first 5 but I'm no professional.

The Diagnostic and Statistical Manual of Mental Disorders fourth edition, DSM IV-TR, a widely used manual for diagnosing mental disorders, defines narcissistic personality disorder (in Axis II Cluster B) as:[1] A pervasive pattern of grandiosity (in fantasy or behavior), need for admiration...

I wish ACD worked on my wife. I still can't tell when it is safe to ignore her. It seems more correlated with mood than topic, but who the hell knows for sure.

I think I will name mine Pierre.

You stopped trading because your delusions of greatness and perfection couldn't allow the downswing to put you in the red.

What is RCG?

INTJ here. And a pretty extreme one. Interestingly once i had already entered the SF pipeline I learned that the majority of guys I know already SF qualified are INTJ too, even though it is only 1% of general population. I think it is cool to find a job where certain traits are strengths...

I don't really think it matters what I test. I picked the SPY because it and the ES are so popular to trade. All I am doing is profiling behavior. That profile should dictate ideal trading strategies. A different product would give different figures but the concept is still the same. It...

When I say skewed towards zero I mean $0.00 from the open. Ie 50% of small moves fall between 0 and .16. Range is low to high. I'll post the distributions when I'm on the computer later. On the smart phone. BTW would you guys prefer if I post this stuff in a different thread so as...

Basically yes, but don't have a hard stop. If I get a bad daily close will close it manually. If I wasnt trading tiny size I would have a hard stop.

Here is the most recent day where price did not behave as expected. (the 27th) After the AM down move odds are very high that it will be the biggest move of the day. The 4 lines from top to bottom contain 50%, 70%, 80%, and 90% of smaller moves. So we would expect the move up to fail...

From what I've found so far I have noticed that MF's published A levels tend to be at the point where most big moves end. Maybe the idea is that if price moves strongly past this area you catch all the big mean reversion players on the wrong side of the market and ride on them being stopped...

Still talking about SPY: Actually the small move is skewed pretty heavily towards zero which is a good thing from a trading perspective. That means movement from the open >.16 ends up being a big move a lot more than I would think from my chart watching and trading over the years. The big...

I agree. I think the value in looking at stats like these is it can give you areas to watch. Say you got short today, once price entered that zone that contains most big moves you would take profit using whatever exit signal you like unless you had a specific reason to expect unusual downside...