The ACD Method

Quote from Maverick74:

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

Yeah, sorry, already on. Hit rewind. Good segment.
 
Quote from Maverick74:

FCX also confirmed on weekly and monthly. I picked up some GS and I'm going to pick up some FCX as well.

FCX reports tomorrow or I would have pulled the trigger today. Does that worry you at all, or will you wait til tomorrow?
 
Quote from Quon:

FCX reports tomorrow or I would have pulled the trigger today. Does that worry you at all, or will you wait til tomorrow?

Ahh, good save Quon! I knew this lack of sleep would catch up with me! You are right, wait till after they report.
 
Quote from Quon:

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Quote from mfbreakout:

01-18-2012 Intra day

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

Short 100.98. cover 100.30. Only one trade based off pure ACD set up. Others were off levels and expectation theory. Today, smaller time frame OR traders had a head start in catching A down.

yesterday after A down , CL went into OR and stopped me along the way. Today, did not come close to OR low of 101.25. I never know where Cl will get stopped after A down, just have to keep trying.

45 minutes OR still provided my set ups.
 
Quote from Quon:

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

Thanks for heads up.

Gartman can not produce decent return in his funds. One can tell MF is way ahead of Gartman- who writes a pretty mediocre newsletter. I can not believe , I subscribed to it for 6 months.

Fish is looking at CL 30 day number line thats why he does not seem too excited about CL " Crude will base between 95-100-110 till some thing concrete happens in middle east".

Every time i see Fish on TV, i can see he can put any trader from GS, JPM etc.. under the table in 30 minutes in a trading contest as he said during his NYMEX webinar (lol).
 
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