The ACD Method

Quote from Maverick74:

Bonds are breaking down, so is the dollar. If we take out that swing high at 1302, you better buy with both hands.

Thanks Mav, since using ACD I've never been this hesitant when all my data tells me not to be. Appreciate the reality check.
 
So looking at the 28 sector ETF's I follow, 24 of the 28 have made A ups. This market is pretty strong. The ones that haven't are XLU (utilities), USO (oil), KBE and KRE (regional banks).
 
Quote from mfbreakout:

2) ACD method is my core and i use Market profile basic concepts as a layer to ACD. I did not look at market Profile chart yesterday and as a result failed to see why Feb. contract ( CLG2) yesterday found support yesterday at 99.48. Chart is attached.

I will be attaching market Profile chart from time to time , if it gives some areas to watch.

01-18-2012 Intra day

Since we have A down, i will be looking to short 101, 101.25, 101.40 levels.
 

Attachments

Quote from Quon:

Fisher/Gartman talking metals. They like em all, (esp. copper, gold, silver).

So were they on already or are they still coming up? I had a call and wasn't paying attention.
 
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