The ACD Method

Shazbatz30 · Nov 28, 2011

Quote from Maverick74:

Still in Chicago. Still trading options. Still doing the meetings. I'm like a Swiss watch. Just keep ticking. Good to hear from you.

I'm glad you remembered me. Let me know when/where the next meeting takes place. I'd like to stop by and say hello. Take care

Maverick74 · Nov 28, 2011

Quote from Maverick74:

Bonds making new highs. Almost unched on the day. Why would anyone ever try to short ES?

Just for the record. You can trade TLT instead of bond futures. And yes, they are making fresh new highs here.

Quon · Nov 28, 2011

Quote from Maverick74:

Just for the record. You can trade TLT instead of bond futures. And yes, they are making fresh new highs here.

TLT is strong, but it only just confirmed my monthly Friday. Are you looking at TLT for now, or more for December? I know you've mentioned the lack of follow through come the end of the month. Just curious, thanks Mav.

Maverick74 · Nov 28, 2011

Quote from Quon:

TLT is strong, but it only just confirmed my monthly Friday. Are you looking at TLT for now, or more for December? I know you've mentioned the lack of follow through come the end of the month. Just curious, thanks Mav.

I'm looking at bonds as part of a bigger picture to measure price action. Bonds are one of the best tells right now in the market. I watch Bonds, VIX, Dollar, Oil, leadership stocks, sectors, etc all to read price action.

Quon · Nov 28, 2011

Quote from Maverick74:

I'm looking at bonds as part of a bigger picture to measure price action. Bonds are one of the best tells right now in the market. I watch Bonds, VIX, Dollar, Oil, leadership stocks, sectors, etc all to read price action.

Gotcha,

makes perfect sense, thanks again.

forex_for_life · Nov 28, 2011

Quote from Maverick74:

I've been hosting a traders group in Chicago for almost 8 years. We meet about once a month. Shan is a member! You know RCG, some of us do meet "outside" of ET.

Hey Mav,

When is the next meeting?

I'm 4 hours away but would be interested in attending.

Regards,

FFL

baggerlord · Nov 28, 2011

Quote from kinggyppo:

right nice pullback there, Mav what percent would you say eurusd and spy are correlated at?

If you search my posts in this thread I attached a good academic paper on this question.

kinggyppo · Nov 28, 2011

Quote from Maverick74:

Just for the record. You can trade TLT instead of bond futures. And yes, they are making fresh new highs here.

that TLT chart says it all, good argument for stops if you are short. :eek:

Maverick74 · Nov 28, 2011

Nice 10 handle bounce off the intra-day A down in ES.

kinggyppo · Nov 28, 2011

Quote from baggerlord:

If you search my posts in this thread I attached a good academic paper on this question.

thanks I think it is really tight right now, to me its a great excuse for folks on the other side to flatten their book but what do I know?