The ACD Method

Quote from Maverick74:

LOL. Well, when I was posting all the time people were complaining the thread was moving too fast to keep up. So when I slow down, now people are complaining that it's moving too slow. This thread has been active for over 2 years. And yet after all this time there are basically 3 posters. Myself, Shan and Quon. You other guys are going to have to jump in here. LOL. Between the book, the videos and this thread, there is more then enough info about ACD. All you people should be veterans now! :)

Mav,

Your contribution to this thread is invaluable. Quon and Shan have interesting input as well. Not trying to be a nuthugger, I just felt like the thread was on the edge of going on hiatus like last year. That prompted me to leap out of my long time lurking mode and attempt to add to the continuity of the discussion!! LOL!
 
Quote from Navoj:

Mav,

Your contribution to this thread is invaluable. Quon and Shan have interesting input as well. Not trying to be a nuthugger, I just felt like the thread was on the edge of going on hiatus like last year. That prompted me to leap out of my long time lurking mode and attempt to add to the continuity of the discussion!! LOL!

OK, I'll try to throttle up the speed a few ticks going forward. :)
 
Have faith, my son...

Several of us discuss ACD concepts throughout every trading day using outlets other than ET.

Believe me - it is alive and well and being put to good use.

m6

Quote from Maverick74:

LOL. Well, when I was posting all the time people were complaining the thread was moving too fast to keep up. So when I slow down, now people are complaining that it's moving too slow. This thread has been active for over 2 years. And yet after all this time there are basically 3 posters. Myself, Shan and Quon. You other guys are going to have to jump in here. LOL. Between the book, the videos and this thread, there is more then enough info about ACD. All you people should be veterans now! :)
 
Quote from medicsix:

Have faith, my son...

Several of us discuss ACD concepts throughout every trading day using outlets other than ET.

Believe me - it is alive and well and being put to good use.

m6

Yes, so do I.
 
Here's one to watch out for next month. TLT making it's first confirmed monthly in March, this is the first one in a while. Not as much follow through as I expected after we got the breakdown, but interesting day on friday. Friday's range almost encompassed the prior weeks and closed on the lows.

Numberline not showing alot of weakness and 5 day is pretty neutral as well. This breakdown looks like something that will play out on a bit of a longer term timeframe, but once this thing goes it will. This move will be huge once it does happen.
 

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Quote from Shanb:

Here's one to watch out for next month. TLT making it's first confirmed monthly in March, this is the first one in a while. Not as much follow through as I expected after we got the breakdown, but interesting day on friday. Friday's range almost encompassed the prior weeks and closed on the lows.

Numberline not showing alot of weakness and 5 day is pretty neutral as well. This breakdown looks like something that will play out on a bit of a longer term timeframe, but once this thing goes it will. This move will be huge once it does happen.

...maybe, feel like too many have fallen victim to that trap, if I had to bet I'd say long tlt/short spy pays well next qrtr.:)
 
Quote from Soon2Bgreat:

...maybe, feel like too many have fallen victim to that trap, if I had to bet I'd say long tlt/short spy pays well next qrtr.:)

Well many have fallen victim trying to fade the move, but this last month had terrible price action for bonds...you can't deny that. We haven't seen this type of weakness in a while and that is telling you something.

In general the moves with the most follow through are the ones that don't happen all that often. If something is making a monthly adown every month, nexts month breakdown may or may not have follow through. When product makes an a down and hasnt made the a down in the past 6 months that is a time to take notice.

Very good example is AMZN this week. I mentioned it last week as a name to watch for a breakout and it had very good follow through last week.
 
fut_chart.ashx


Major breakdown last month in Live Cattle. First monthly A down of the year.
 
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