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The ACD Method
- Thread starter sbrowne126
- Start date
Crude oil confirmed an A up. Indices trying to make an A up. Copper as well.
Quote from kinggyppo:
Shan B look at the opening range on spy on a 2 minute chart, opened down reversed and is trending higher, you should also be looking at the premarket.
I played the SPY off of the failed A-up...how often are you using small OR's like the 2-minute?
How do you think we finish the day?? break lows and puke or stay in this range. No gap fill. Failed A-up...I think it could get ugly, but well see!
Quote from Shanb:
I played the SPY off of the failed A-up...how often are you using small OR's like the 2-minute?
How do you think we finish the day?? break lows and puke or stay in this range. No gap fill. Failed A-up...I think it could get ugly, but well see!
here is a question for the prop guys, how can I quantify the MF global issue, who will benefit? Is there liquidation selling going on etc.
Quote from Shanb:
I played the SPY off of the failed A-up...how often are you using small OR's like the 2-minute?
How do you think we finish the day?? break lows and puke or stay in this range. No gap fill. Failed A-up...I think it could get ugly, but well see!
Shan, did you open a futures account?
Quote from Shanb:
Not yet, planning on it tho. Any recommendations on brokers? We have a group of guys that rent out space in our office, I'm thinking about going with them.
That's a good idea dude. There are good things about prop but it's a double edged sword. In my opinion you can get most of what you need in futures.