The ACD Method

Samsara · Oct 5, 2011

Quote from Samsara:

I've been trading CAD futures short as a proxy for the ES as it's much weaker. It looks like we're making a failed A-up right now on the ES, so I re-entered the short I had for a week and a half. My main system has had a short bias for weeks and didn't change yesterday, so I'm using this strength to jump back in. Hopefully we go back down to the OR.

Volume profile shows a spike in ES right at my A level, usually indicating a bit of resistance.

Stopped out. Looks like there was too much juice in yesterday's rally.

mfbreakout · Oct 5, 2011

A up - and longs all day long on pull backs etc..

http://www.screencast.com/t/ATrqhySJ2Lrn

Maverick74 · Oct 5, 2011

I'm going to post my number lines through the first 3 days of the new QTR.

ES +2

ZB 0

GC +2

HG +5

CL +7

NG +1

SB 0

ZC +3

ZS +3

ZW +3

DX +1

CC +4

kinggyppo · Oct 6, 2011

thanks Mav, was going over the Fisher videos will put up some notes. I think people should not get lost in the details here. I think people still attach grail importance to the levels. The idea to me reinforced by watching the videos is lose small. The one trade I would not make today is short aapl. Its possible this rallys to the moon today.

So long crude looks good based on your number line right Mav.

Maverick74 · Oct 6, 2011

Quote from kinggyppo:

thanks Mav, was going over the Fisher videos will put up some notes. I think people should not get lost in the details here. I think people still attach grail importance to the levels. The idea to me reinforced by watching the videos is lose small. The one trade I would not make today is short aapl. Its possible this rallys to the moon today.

So long crude looks good based on your number line right Mav.

Well, with the typical 30 day number line you need two consecutive days of plus 9 to confirm a trend or a breakout. Since I started the cycle at the beginning of the QTR and month, I think I will use plus 7 vs 9 for the monthly reading and plus 9 for the QTR. But you can't look at these numbers in a vacuum. I would use them more as confirming indicators. So for CL my weekly A up is 80. If we close above the weekly and make an intra-day A up then we will get a weekly confirm and an up tick to plus 9 on the number line which would be very bullish.

The counter point to that is weekly confirms on Thursday or Friday don't mean anything to me and the monthly A up is 82.85. So it looks good on an intra-day basis but for a longer term swing trade I will wait for next week's levels.

alea_jacta_est · Oct 6, 2011

Quote from 000000003:

I like the ACDC method of finding momentum b/w long periods of consolidation. Used properly it's a big help.

If you like it, I like it too.

Shanb · Oct 6, 2011

Quote from kinggyppo:

thanks Mav, was going over the Fisher videos will put up some notes. I think people should not get lost in the details here. I think people still attach grail importance to the levels. The idea to me reinforced by watching the videos is lose small. The one trade I would not make today is short aapl. Its possible this rallys to the moon today.

So long crude looks good based on your number line right Mav.

Some of my friends asked me about AAPL and if it would get sold this morning. Right away I imagined all the retail bus people's mindset. That would be the expected response, but AAPL has held a nice bid and had a nice A-up yesterday, despite disappointing with their Iphone release. Already made the A-up and his holding above it now

Maverick74 · Oct 6, 2011

Quote from Shanb:

Some of my friends asked me about AAPL and if it would get sold this morning. Right away I imagined all the retail bus people's mindset. That would be the expected response, but AAPL has held a nice bid and had a nice A-up yesterday, despite disappointing with their Iphone release. Already made the A-up and his holding above it now

The fat trade in AAPL was the bounce off the monthly A down at 360. In two days 22 pts and counting.

Shanb · Oct 6, 2011

Quote from Maverick74:

The fat trade in AAPL was the bounce off the monthly A down at 360. In two days 22 pts and counting.

Ya definitely was, I'm assuming you caught some of that!

Maverick74 · Oct 6, 2011

Quote from Shanb:

Ya definitely was, I'm assuming you caught some of that!

I don't like to swing trade stocks. I have too much stuff on my plate. There currently are 84 stocks above their monthly A ups on my scan. No way I could follow all that.

Nice follow through on CL. I think the best risk to reward trade in CL was on Tuesday at the failed weekly A down which also was the intra-day A down at the 75.00 level. That's a 7 dollar bounce in 2 days. Pretty impressive. Getting close to that monthly A up now.

BTW, my weekly A up in the ES is 1153. High today 1154.75.