The ACD Method

[Shanb]

Quote from Maverick74:

NQ failed at the monthly A up on a wick. Nice.

Edit: just noticed that was my 10,000th post!

I was going to stop posting when I got to 10k. Damn.

Nice...and naw you can't leave us yet Mav!

 

[mfbreakout]

Quote from mfbreakout:

/es after dxy caught a bid.

http://www.screencast.com/t/vzRnz4Jj

es and dx side by side.

http://www.screencast.com/t/uPvqXdyyiO

 

[Maverick74]

RCG? You have been quiet lately. How is the FX going?

 

[mfbreakout]

Quote from mfbreakout:

es and dx side by side.

http://www.screencast.com/t/uPvqXdyyiO

Tomorrow if BIG BEN does not weaken $ by further quantitative easing ( who knows which form it will come), US $ will strengthen and equities, commodities etc.. will be under pressure. This is just one scenario but a lot is riding on it.

 

[Maverick74]

Quote from mfbreakout:

Tomorrow if BIG BEN does not weaken $ by further quantitative easing ( who knows which form it will come), US $ will strengthen and equities, commodities etc.. will be under pressure. This is just one scenario but a lot is riding on it.

Copper continues to be THE risk asset to be short, not equities. You can play copper via the ETF JJC or through FCX. Much cleaner trade then trying to short the ES. Just my opinion.

 

[Maverick74]

 

[Maverick74]

 

[Maverick74]

Here is a nice spread chart showing the smoothness of the spread between being long SPY and short FCX dollar neutral. Up 20% on the spread in the last 2 weeks. This is how you short the market and win whether it goes higher or lower.

 

[Quon]

Quote from Maverick74:

Here is a nice spread chart showing the smoothness of the spread between being long SPY and short FCX dollar neutral. Up 20% on the spread in the last 2 weeks. This is how you short the market and win whether it goes higher or lower.

Maverick,

Thanks as always. FCX actually caught my eye today as well. Always nice to know I'm in good company!

 

[mfbreakout]

Quote from Maverick74:

Agreed. Here is copper 30 days number line over last 8 days.

-3,-3,-1,-3,-1,-1,1,1

and for ES , -6,-8,-4,1,0,2,6,8.

copper weakness has been quietly showing slowing GLOBAL GROWTH.