Read this thread, the book, and start using it with however you already trade. Learn as you go from there.
The ACD Method
- Thread starter sbrowne126
- Start date
Read this thread, the book, and start using it with however you already trade. Learn as you go from there.
I can't make a living selling dimes though King. Not with that risk. There was a time in a former life where I went after dimes. Not anymore. LOL.
Hello All. I'm starting to learn about ACD glad this method is capable of being applied this madness. so today just ordered the Logical Trader Book.
1. Meanwhile, how does one build the number line and assign the value (I assume + if price close above OR and vice versa)?
2. Does one start on day 1 of the new month until end of the month?
3. For ATR , if a trade is for a longer term, like a week, should the ATR setting be ATR(10) as oppose to a higher number?
I intend to look at the monthly. weekly for the respective A up down levels coupled with its pivot ranges, etc Thanks.
p.s. Mav, thanks for the link to MF's video, took notes, not done viewing them all.
1. Meanwhile, how does one build the number line and assign the value (I assume + if price close above OR and vice versa)?
2. Does one start on day 1 of the new month until end of the month?
3. For ATR , if a trade is for a longer term, like a week, should the ATR setting be ATR(10) as oppose to a higher number?
I intend to look at the monthly. weekly for the respective A up down levels coupled with its pivot ranges, etc Thanks.
p.s. Mav, thanks for the link to MF's video, took notes, not done viewing them all.
I think AAPL might be the tell again. Just as it failed at the weekly A up almost to the penny and brought the markets lower, it now cannot seem to get through the weekly A down. So let's do this again. If AAPL doesn't trade below 374, this is the swing low for ES. Thank AAPL in advance.
AAPL holds! One big I-Pad holding this market up.
Hi all,
I have difficulties figuring out what to use for the Monthly OR, what do you use? The first day of the month or the first Monday of the month?
The first day of the month look like the "natural" way to do it, but given months have variable days and they don't align with a whole week I'm concerned about the consistency of the levels obtained this way. Any hints?
P.D. I tried searching in the forum but the results are crap, this thread is full of jewels but is bloody difficult to find them. Btw, I also post today's SPY levels.
I have difficulties figuring out what to use for the Monthly OR, what do you use? The first day of the month or the first Monday of the month?
The first day of the month look like the "natural" way to do it, but given months have variable days and they don't align with a whole week I'm concerned about the consistency of the levels obtained this way. Any hints?
P.D. I tried searching in the forum but the results are crap, this thread is full of jewels but is bloody difficult to find them. Btw, I also post today's SPY levels.
I've just finish doing needed changes into my ACD indicator to cover weekly levels. What do you think?