The ACD Method

[flip]

just to give a follow-up on yesterdays Bund future examples (and also show examples where it didn't work), here's todays action up to now

The market again bounced at the A down level, but then broke below it an hour later. Exit point of a possible mean-rev trade should have been after the confirmed A down in my opinion (or already after the first close below the A down? would be a faster exit than to wait for A down confirmation)

 

[mfbreakout]

I hear you flip. For Cl A = 8 and C=13 ticks and CL is a monster when it comes to VOLATILITY. There are only 2 ways to trade CL, either swing trade and wait for 2-4 days to get real ticks or fight like hell every day during day trading. Anything in between is DREAMING.

WHO WANTS TO TAME THE TIGER?


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


Someone replied to my question as to " Who wants to tame this tiger"? by giving the right answer that a trader with a PLAN.

I agree but CL requires lot of screen time otherwise all is left in the end is THE PLAN.

 

[kinggyppo]

Quote from mfbreakout:

I hear you flip. For Cl A = 8 and C=13 ticks and CL is a monster when it comes to VOLATILITY. There are only 2 ways to trade CL, either swing trade and wait for 2-4 days to get real ticks or fight like hell every day during day trading. Anything in between is DREAMING.

WHO WANTS TO TAME THE TIGER?


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


Someone replied to my question as to " Who wants to tame this tiger"? by giving the right answer that a trader with a PLAN.

I agree but CL requires lot of screen time otherwise all is left in the end is THE PLAN.

I am a fan of anyone who can use "bada bing" as a trading reference.....LOL!

 

[Maverick74]

Since Sept 1st, if you were short the SPY, you would be down 1% to 2%. If you instead got short the market via the SPY/FXI spread I've been talking about the last few months, you would be up over 24%. I've attached the spread chart. I'm just trying to show creative ways you can be short the market without trading ES.

 

[Maverick74]

Here is a spread chart of SPY over Copper. Up over 30% over the last 30 days and making fresh new highs.

 

[kinggyppo]

You watching cotton Mav? broke 100 today, closed 96.86

 

[Maverick74]

Quote from kinggyppo:

You watching cotton Mav? broke 100 today, closed 96.86

Of course I'm watching Cotton. Failed monthly A up earlier in the month. The A down is 93.90 but the weekly A down was 99 and it confirmed.

 

[kinggyppo]

Quote from kinggyppo:

You watching cotton Mav? broke 100 today, closed 96.86

chart of cotton, watching to see if it breaks 94.

 

[Maverick74]

For those of you that care, USD/JPY trading at the lowest levels since WWII. This is pretty big news. Also pretty bullish for risk assets.

Here is the weekly chart.

 

[kinggyppo]

Quote from Maverick74:

For those of you that care, USD/JPY trading at the lowest levels since WWII. This is pretty big news. Also pretty bullish for risk assets.

Yep I think riskarb has a friend who only trades the pair and does quite well, on a side note eurjpy never broke 100, I think the low was 100.71.