ES actually works pretty well with the ACD methodology. Fishers main markets are the energies, ES, and ZB. I think for a beginner all these markets move too fast for someone who doesnt have a strong grasp of the method. I would recommend the ZN which is basically a slower version of the ZB. The ZN doesnt follow the ACD as well but it is a good market to start off with. Once you have an understanding and have some time sim trading i would say the ES. But at that point you could really trade the ES, CL and ZB with the ACD method.
The ACD Method
- Thread starter sbrowne126
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I already trade an ES system every day so it'd be very easy for me to do ACD with ES and save me from adding another market.So no one has had lots of experience with ES and ACD? I read the book once, does seem very 'logical', but slippage seems high at times. Maybe I haven't absorbed the system yet, but the breakout values he talks about often seem to reverse quite substantially in volatile markets, so unless you're highly leveraged, it would be difficult to sit and wait out so much slippage, no?
The ACD method works very well with index futures. You just need to fully understand what the ACD method is about.
Using 20% to 25% of either a 5 or 10 day ATR is a good start for both the A and C values.
You don't get short at the A down. You have a short bias...big difference. You still have to trade the product. The A level is not some magical level. It's an expression of volatility. ACD is all about volatility, time and price action.