The ACD Method

[Maverick74]

Quote from Quon:

You're right. I fully expected to see the TBT move higher today, but no such luck. Very odd.

I hope the correlations break. It's very hard to make money when every trade you put on is a synthetic ES trade.

 

[Maverick74]

ESI breaking out above the monthly on good volume.

 

[kinggyppo]

Quote from DerSlutharsch:

I'm really surprised to see the decouplings we are having: TLT up, EUR down, GLD down, OIL down, JJC up, QQQ up, SPY stays the same... I have no f*** clue what's going on.

Is this the beginning of the end for the highly correlated market, with risk on/off days and knee-jerk reactions that I used to take for granted?

good question. gold is all over the place sold off hard from 1625.

 

[kinggyppo]

mav what are your weekly levels on dxy?

 

[kinggyppo]

cotton low 84.35 has it bottomed?

 

[Maverick74]

Quote from kinggyppo:

mav what are your weekly levels on dxy?

My weekly level for the DX futures is 80.56 which we obviously confirmed.

 

[Maverick74]

Quote from kinggyppo:

cotton low 84.35 has it bottomed?

King, remind me to set your alarm clock for a little bit earlier.

Cotton bottom on my QTR A down last QTR to the tick around the 85 level.

 

[mfbreakout]

"Morning and intra day trades. There are no SECRETS in trading regardless what anyone else says. Magic levels, special stop loss etc.. Trading requires logic and common sense.

Trading box is now 101 to 101.80"

2.30 PM:

Did not get any shorts since last short from 102.70, but MAGIC BOX gave plenty on longs from 101 area.

If i had identified trading box to be 101 to 101.70 ( vs 100-101.80) , would have taken shorts also.

So on a day where Oil pit closing price as CL being down -16 ticks, there were plenty if ONE HAS PATIENCE.

 

[Maverick74]

Quote from mfbreakout:

"Morning and intra day trades. There are no SECRETS in trading regardless what anyone else says. Magic levels, special stop loss etc.. Trading requires logic and common sense.

Trading box is now 101 to 101.80"

2.30 PM:

Did not get any shorts since last short from 102.70, but MAGIC BOX gave plenty on longs from 101 area.

If i had identified trading box to be 101 to 101.70 ( vs 100-101.80) , would have taken shorts also.

So on a day where Oil pit closing price as CL being down -16 ticks, there were plenty if ONE HAS PATIENCE.

What's the difference between a magic box and magic levels?

 

[mfbreakout]

Quote from Maverick74:

What's the difference between a magic box and magic levels?

None.