The ACD Method

Quote from mfbreakout:

Maverick, you had posted cl monthly A up level of 98 and weekly? I forgot

Can you confirm these levels?

Both the weekly and monthly A up in CL was 97.00. Obviously we get new weekly levels this week but we have a solid monthly confirmation in CL.
 
Quote from Maverick74:

Let me clarify a few things here. There seems to be a misunderstanding of what the daily pivot range is and isn't. I better nip this in the bud before any of you guys spend too much time back testing various scenarios. The daily pivot range has nothing to do with volatility. And measuring a declining pivot is not the same thing as declining volatility.

Very insightful, thanks for sharing your wisdom. One of the few quality threads on ET !!
 
Quote from Maverick74:

Euro confirmed an A down on the London session but the Aussie Dollar did not.

Some divergence from the EUR/ES correlation in the past couple weeks. Really showing recently!
 
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