The ACD Method

Quote from Maverick74:

Let me further point out that WTI/Brent is getting absolutely and totally annihilated right now. Major major damage in that spread. Guys are getting blown out big time. Watch that spread!!!!!

Still a lot of premium to go. Might see CL 110.00 by the finish of the "spread down".
 
USD (uup basket) right at monthly A up, above weekly. If it makes a daily A up on top of that, that's extra confirmation for shorting $ denominated pairs in my book. GBP remains the best setup, at least according to guys I trade with at Mav Rockstar LLC.
 
Quote from Maverick74:

As I've said before, anyone who wants to be long risk assets should be long CL, not ES or stocks. The monthly A up in CL was 97 and the weekly 100. Do NOT fight this trend. If equities hold this morning and start to lift, we'll print 105 today in CL. Possibly print 110 into Friday. When this thing takes off, nothing will stop it.


that is some strong price action in crude from 84 to 102 in a month youch!
 
Quote from kinggyppo:

quite a divergence in cadjpy thoughts?

The Yen is breaking out against all pairs. It's a flight to quality trade. Graph the Yen with the VIX and it will make more sense.
 
Quote from Maverick74:

The Yen is breaking out against all pairs. It's a flight to quality trade. Graph the Yen with the VIX and it will make more sense.

Mav, each post you make it becomes impossible not to respect you.

You are on your shit bruh. Keep it up.
 
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