The ACD Method
- Thread starter sbrowne126
- Start date
Ray Dalio interview, Bridgewater manages 120 Billion so you may want to have an idea what they think.....just sayin. 
http://www.youtube.com/watch?v=SFaRazMpxcM&feature=player_embedded
http://www.youtube.com/watch?v=SFaRazMpxcM&feature=player_embedded
King, your little girl (AAPL) turned 700 this week. Aren't you proud of her? they grow up so fast don't they?
Here's a little Charting of ZB. ZB has been a very choppy trade to the downside, but I think we are setting up for a little bit of an inflection point here. Pivot moving averages are beginning to curl down. We have some macro patterns at work here for all you chartists.
Selling on spikes is the game here for me. Depending on the reaction from this level a failed monthly next month would be great, or if they squeeze it a bit more the quarterly level would be a great place to tame this squeezefest!
Sell spikes!
Selling on spikes is the game here for me. Depending on the reaction from this level a failed monthly next month would be great, or if they squeeze it a bit more the quarterly level would be a great place to tame this squeezefest!
Sell spikes!
Anyone looking to fade this market should also rethink their approach. In the sectors that I follow we have some major breakouts on the weeklies charts. Big macro patterns and bases that are breaking out with good price action. Although the market is a little overextended in some areas we will be seeing alot of rotation going forward.
This is what happens in a strong tape. Those 30 days numberlines are super important. You will see sectors go to the leader board, come off and new sectors take their place! You want to be in the leaders, which will change as you get some rotation. Here is how I group my numberlines and it works well for me.
The 30 day:
This is what happens in a strong tape. Those 30 days numberlines are super important. You will see sectors go to the leader board, come off and new sectors take their place! You want to be in the leaders, which will change as you get some rotation. Here is how I group my numberlines and it works well for me.
The 30 day:
Talking futures here. Pre QE3 markets started positioning for a yes from the Fed. In this time, CL was flat for something like 5 days straight. Every day went walkabout then finished in OR.
Post QE3, dollar and bonds went down, other major currencies gained vs dollar, indices went up after a little hesitation.
Now the interesting bit. Asian and European sessions took CL to $100+, US session took it straight back down, on my metrics it made a C down. Dollar went down and stayed down.
What gives?
Crude Oil wicked at the failed monthly A up which also happened to be par! That's a big level. No way was crude going to go through there on it's first attempt. Not to mention the number line! I have a -11 on the monthly number line.