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A bunch of the younger folks in my office are trading ETH these days which has peaked my interest recently. There has been some security issues with some of the exchanges they're using, but from a technical/ACD perspective it looks as though I could utilize my swing methods to trade those markets.

Interesting observation from today: I'm going through my trade journal and reviewing old trades thru the lens of ACD. As I suspected, most of my losing trades would have been avoided if I'd applied my ACD "filter". Most winners confirmed with ACD signals - either a monthly A up or failed A-down...

Me three. Ugly reversal intraday for longs.

It'll be interesting to see where Gold goes from here. Still hovering under that Monthly A up. Some folks will be watching the 200DMA which is right overhead at the moment too.

You guys would hate to see some of my charts :)

Makes total sense. My regular line of work requires me to think outside the box and be a critical thinker a lot of the time, and I find that most others aren't. I think I forget a lot of traders are sheeple just like folks in the non-trading universe. Adopting various aspects of ACD has been...

That analogy works for me...

Makes sense and something I try to consider where possible in my stock selection...and made some nice coin on Skyworks fairly recently :)

Thanks. Nice analogy too (you have a gift for such things, Mav). I live in LA so traffic, I get it. So I understand utilizing techniques to avoid the obvious traps both the bulls and bears set...my skeptical nature already knows to look for such traps anyway. ACD should further enhance this to...

I understand utilizing ACD to form a directional bias and not using it as a red light/green light trading system, but there has been some sentiment expressed in this thread and by MF advising against using other common methods of TA under the guise of "avoid what everyone else is doing". It's...

So reading through this thread, I did notice some sentiment regarding "avoiding the herd" and avoiding crowded trades, not using traditional TA methods, following Fibs, major Moving Averages, etc. I don't think I got a clear understanding of why though, if you are using specific setups that are...

LOL. Not quite. I actually work for a major sports league. Middle-management in a analytical capacity. We are currently in our off-season, hence it's quiet (that should narrow the options down). I will add a lot of the reading was done while off-duty, but I did have the MF 2003 seminars running...

So...what a week it has been. Last Friday I remembered that digging into ACD was on my to-do list having previously glanced at this thread while browsing the TA forum. Having recently read the Logical Trader, I spent the last week reading all 13000+ posts of this thread and watched 6+ hours of...