The ACD Method
- Thread starter sbrowne126
- Start date
Hey mbfbreakout, can you clear this up for me? Still uncertain about this.
Quote from Shanb:
'
He's keeping it to himself
I just got my 30 day free subscription lol! When I get a couple hours tomorrow I am going to figure out that pivot tracker sheet. Won't be the funnest thing but going to look back at some of the past numbers and see if I can make them fit!
A grey box represents a "narrow pivot w a wide range day> 1.33 * Avg range of the past 20 days"
That's the only thing that I am confused about. If every grey box was both underlined and bold, than a "narrow pivot" would be a shrinking and a pivot smaller than the prior 4 days. But, not every grey box is both underlined and bold. Looks like a grey box may be a pivot smaller than the prior 4 days . I'll recheck tommorow but that looks to be the logical answer!
I still can't figure out the absolute number values...doesn't seem to be measured in tick or point values for everything. Regardless the main things to look for are the bolded, underlined, and grey box values.
Quote from Shanb:
'
He's keeping it to himself
I just got my 30 day free subscription lol! When I get a couple hours tomorrow I am going to figure out that pivot tracker sheet. Won't be the funnest thing but going to look back at some of the past numbers and see if I can make them fit!
I have Lou's phone number. I can call him and ask him. I honestly don't think mbfbreakout knows.
Yes, maverick74 I do not know. A phone call to Lou will be helpful to all of us. Also, ask him why they prefer to use 30 day cumulative number line vs like you, who starts from zero every month.
Maybe 30 day cumulative line is for swing traders , whereas your approach keeps one more in tune with whats happening right now.
Based on your weekly and monthly A down for CL , do we have confirmed A down for weekly and monthly based on time interval filter?
A sell of 94.44 into Pit close gave good risk -reward trades to European traders. Magic box trading. Box seems to be 94.40 to 93.50.
One has to wait 30 minutes or more to get 40 ticks or so.
One has to wait 30 minutes or more to get 40 ticks or so.
CL futures
days support 92.25-90.09. Resistance 95.28- 95.48
1) failure to extend breakout now alerts for a bear failure. A close over 96.34 signals a breakout failure and a turn around.
2) the odds of this market taking yesterdays low in the next 2 trading sessions around 69%.
These are from subscription service i subscribe to my Mark Fisher.
Along with this context, I let OR and volume spikes let me decide as to how to trade. I have no clue, how i will trade without OR and volume spikes. Thus, i start from zero every morning. I try to shake out bias formed in my head from recent price action but it is tough to do.
days support 92.25-90.09. Resistance 95.28- 95.48
1) failure to extend breakout now alerts for a bear failure. A close over 96.34 signals a breakout failure and a turn around.
2) the odds of this market taking yesterdays low in the next 2 trading sessions around 69%.
These are from subscription service i subscribe to my Mark Fisher.
Along with this context, I let OR and volume spikes let me decide as to how to trade. I have no clue, how i will trade without OR and volume spikes. Thus, i start from zero every morning. I try to shake out bias formed in my head from recent price action but it is tough to do.