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The ACD Method
- Thread starter sbrowne126
- Start date
Long IWM @ 72.80, Stop at 72.78. Wish me luck!!
Short SLV @ 28.63
Don't like what's going on with WMI, if it doesn't clear 73 in ten minutes or TLT breaks I'm out.
TLT bouncing off my intraday A down!
Quote from DerSlutharsch:
Don't like what's going on with WMI, if it doesn't clear 73 in ten minutes or TLT breaks I'm out.
IWM hasn't made an A-up for me yet...SLV above the pivot. I usually don't like getting long or short into a big gap up like this because it usually isn't the best R:R.
Quote from mfbreakout:
9.16 am short 96.84 stop loss 97.01. Narrow pivot range did not disappoint. It just does not tell us which direction the move will be.
OR for me is 96.99 to 95.54
10.20 am . CL is back up @97.10. I am short again @97.08 with stop loss @97.21.
Will be booking profits if I can with small target to get free trades.
Attachments
Out IWM @ 73.03. I will re-enter when something does an A, on the sidelines in the mean time. Keep my short on SLV but will close as well if it doesn't clear the range soon.
Quote from Shanb:
IWM hasn't made an A-up for me yet...SLV above the pivot. I usually don't like getting long or short into a big gap up like this because it usually isn't the best R:R.
Agreed,
That said, here are some folks potentially failing the A down:
MRK, PFE, TLT Could be potential there, I'm not in just yet personally