The ACD Method

[Robert Yanks]

Man, this place really is dead. LOL. Didn't I put enough fish in the lake?

So going forward this is my new rule. I will re-visit this thread one day a week on Sundays. I'll respond to any questions or comments and maybe add a few of my own. This will keep me two involved but not so much where I need to pay for ET therapy. LOL.

Anyway....it's Sunday so I can post as much as I want. Nice to see you guys again. And yes, I'm long the Euro.

Hello Mav,

How do you get a general sense of the market health? What do you look at and think about?

Thanks

 

[Robert Yanks]

Man, this place really is dead. LOL. Didn't I put enough fish in the lake?

So going forward this is my new rule. I will re-visit this thread one day a week on Sundays. I'll respond to any questions or comments and maybe add a few of my own. This will keep me two involved but not so much where I need to pay for ET therapy. LOL.

Anyway....it's Sunday so I can post as much as I want. Nice to see you guys again. And yes, I'm long the Euro.

Hello Mav,

Regarding Number Lines:

There was quite an evolution in your thinking with NL’s beginning in mid 2011 posts and culminating some three years later.

Would you say your general thinking on numberlines remains the same as posted in your later writings? Are you using them less, more, the same in your trading? If you could only see one NL, which one is it? Which is number 2 in importance to you?

Thanks

 

[Robert Yanks]

Man, this place really is dead. LOL. Didn't I put enough fish in the lake?

So going forward this is my new rule. I will re-visit this thread one day a week on Sundays. I'll respond to any questions or comments and maybe add a few of my own. This will keep me two involved but not so much where I need to pay for ET therapy. LOL.

Anyway....it's Sunday so I can post as much as I want. Nice to see you guys again. And yes, I'm long the Euro.

Hello Mav,

Regarding A Up and Downs:

We know from your previous posts that your monthly A Up/Down began with the first day of the month. And, for a confirmed monthly A Up/Down you wanted, essentially, an entire day above/below the line for confirmation (not a ½ day if you will).

However, you were never actually asked if you used cut time for the daily and weekly confirmations. That is, if your daily chart is say a 5 minute, do you confirm with 2 ½ or do you want a 5?

Say your weekly is based on a one hour, is a confirm good at 30 minutes or do you want a full one hour?

Thanks

 

[wow12]

Mav , good to hear from you. so were getting weekly dose of Maverick every Sunday better start getting some questions in.

Mav just looking at some of your past posts and some posts from few posters regarding the number-line i was just thinking since in the past you where primarily exposed tape reading in your world-co trading days. how much influence has your tape reading skills play with regards to the number-line and interpreting them? (see a some form of correlation between interpreting number-lines and also the tape / concepts).

second question i know you have discussed this numerous times (thought it would be important to bring up again) and that is the importance of time , i think the user Garachen also discussed the importance of time , do you think it would be better to value asset with regards to time rather than price or mix of both.

 

[Robert Yanks]

Man, this place really is dead. LOL. Didn't I put enough fish in the lake?

So going forward this is my new rule. I will re-visit this thread one day a week on Sundays. I'll respond to any questions or comments and maybe add a few of my own. This will keep me two involved but not so much where I need to pay for ET therapy. LOL.

Anyway....it's Sunday so I can post as much as I want. Nice to see you guys again. And yes, I'm long the Euro.

Hello Mav,

Say you wake up in a room (no you don’t know how you got there) and you’re chained to a desk and chair with a few monitors showing whatever charts you want to pull up with ACD lines just like you have always used. You have to make three trades a day (only stocks or ETF’s) that can last from seconds to multiple days and you have to be profitable or the evil taskmaster is going to do real REAL bad things to you. Perform well ..... and you will wake up home in your easy chair.

What do you do? What do you look for? How do you pick some candidates to trade?

I have many more questions but I'll stop for now.

How's your general health Mav? I do hope you're doing well.

 

[Maverick74]

Hello Mav,

Great to see you posting! We have all missed you.

Are you still using ACD as the basis of your trading methodology? Any changes you can mention?

Yes. Lots of changes around the edges but the core methodology is in tact.

 

[Maverick74]

Hello Mav,

How do you get a general sense of the market health? What do you look at and think about?

Thanks

Two things: Volatility and FX flows.

 

[Maverick74]

Hello Mav,

Regarding Number Lines:

There was quite an evolution in your thinking with NL’s beginning in mid 2011 posts and culminating some three years later.

Would you say your general thinking on numberlines remains the same as posted in your later writings? Are you using them less, more, the same in your trading? If you could only see one NL, which one is it? Which is number 2 in importance to you?

Thanks

Almost nothing has changed wrt to number lines. They are the heartbeat of the ACD system. Would not trade without them. In fact, whenever I fall behind for whatever reason and haven't updated them, I do NOT trade. The most important is the 30 day. Always has been and always will be.

 

[Maverick74]

Hello Mav,

Regarding A Up and Downs:

We know from your previous posts that your monthly A Up/Down began with the first day of the month. And, for a confirmed monthly A Up/Down you wanted, essentially, an entire day above/below the line for confirmation (not a ½ day if you will).

However, you were never actually asked if you used cut time for the daily and weekly confirmations. That is, if your daily chart is say a 5 minute, do you confirm with 2 ½ or do you want a 5?

Say your weekly is based on a one hour, is a confirm good at 30 minutes or do you want a full one hour?

Thanks

There is some nuance here. For intra-day 30 min, weekly I use an hour, monthly a full day and QTR 2 days.

 

[Maverick74]

Mav , good to hear from you. so were getting weekly dose of Maverick every Sunday better start getting some questions in.

Mav just looking at some of your past posts and some posts from few posters regarding the number-line i was just thinking since in the past you where primarily exposed tape reading in your world-co trading days. how much influence has your tape reading skills play with regards to the number-line and interpreting them? (see a some form of correlation between interpreting number-lines and also the tape / concepts).

second question i know you have discussed this numerous times (thought it would be important to bring up again) and that is the importance of time , i think the user Garachen also discussed the importance of time , do you think it would be better to value asset with regards to time rather than price or mix of both.

Tape reading days played a huge role in both formulating the number lines and my reliance on them. Markets can hide very effectively on daily charts. The intra-day charts don't lie.
There is no place for order flow to hide. If someone needs to get in, they get in, if they need out, they get out. It all gets tracked and spotted on the score.

Time and volatility are FAR more important then price. Price is trivial. So trivial that we don't even use it in economics, hence the conversion to "real" rates or "real" output or "real" growth. The real separates nominal by an inflation factor.