Thanks
Page 49 plus minus days mark describes a strategy using the plus minus concept relative to 30 days prior goes on to page 50 I think would need to scan many markets to get the trade to line up to take as described
The ACD Method
- Thread starter sbrowne126
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Thanks
Page 49 plus minus days mark describes a strategy using the plus minus concept relative to 30 days prior goes on to page 50 I think would need to scan many markets to get the trade to line up to take as described
Oh, you meant in the book. I thought you referring maybe to this thread. Yeah that is something different then that what I was referring to. He was saying something about looking at the score 30 days before as an indication of what might happen today. Honestly I have never used that before or found much value with that.
I haven't posted number line confirmations in a while: we currently have confirms in ES, CL and GC and we recently re-set in Bonds and Natty.
Also, regarding Copper, the yearly A down is right here at the 3.05 level. But....we are confirming an early cycle monthly A down and are in a late cycle QTR A down. But for long term value players, the 3.05 level is probably a good get.
Thanks, interesting as the economy is "firming up " so will copper I would think.
I am going to research the plus minus day relative to 30 days prior over teh coming months, working on a few projects
right now in need of 5 minute historical price and volume data for NG going back seven years or so, unreal IB wont give this out to customer..
Hello Mav,
Iâve been looking at and thinking about my numberlines today and the fact that I currently base my daily A up/down confirmations on the same time period as my opening range. (I know Fisher uses ½ the OR time period.)
Question Iâm hoping you can answer here or perhaps in a PM if you prefer: For daily A up/down confirmations, do you use the same time period as your opening range (say 5 minutes) or the Fisher method?
You have never been asked this question or discussed your preference regarding your daily A level confirmations in the thread and I would value your input. (You have previously posted that you base your monthly opening range on the first trading day of the month and the monthly A up/down confirmations is also the entire day.)
Thank you sir.
Neither. Does that help? LOL.
Well I didn't see that coming : )
You know that sparked a memory for me so I did some digging and found something of interest in chapter 1 (A & C Lines) page 2 of 9, from the internet ebook Mav the Mentor. A portion of which reads:
"If Gold is making an A up, it doesn't need to stay above the A up for half the OR time, I would like to see it there at the end of the time period. "
Perhaps that's it for your daily's? Regardless of time above or below the A level: If any five minute bar closes above the A Up or Down, it's confirmed.
Is that close? Gimme a hint here : )
I actually use different time confirmations on different products and I use different time confirmations regarding number line purposes and trading purposes. So there is no cut and dry answer. I guess I can ask, are you referring to time frame for purposes of scoring number lines or for actual intra-day trading.