The ACD Method

[Maverick74]

Weekly A down in ES is 1209.50

 

[Maverick74]

Very nice volume today in the ES btw. SPY, not so much.

 

[kinggyppo]

Quote from Maverick74:

Cotton selling through the monthly A down. There you go King!

I wouldn't buy cotton here no sir!

 

[Maverick74]

Dennis Gartman calling for Gold to go down to 1450 in the short term.

 

[kinggyppo]

es low 1220 Shan B what say you?

 

[kinggyppo]

Quote from Maverick74:

Dennis Gartman calling for Gold to go down to 1450 in the short term.

remember he and the Fish couldn't decide if it was risk on or off. OFF above 25 today!

 

[Quon]

Quote from Maverick74:

Dennis Gartman calling for Gold to go down to 1450 in the short term.

Aligns well with the A down no?

 

[Maverick74]

Quote from Quon:

Aligns well with the A down no?

Which one? My monthly A down is at 1687. We went through that like butter. My QTR A down is 1551.

 

[mdl060374]

Quote from Maverick74:

The only thing I'll warn you against is not over complicating things. Don't be one of those guys with 50 lines on your charts. LOL. At the end of the day, the price action should be the same no matter what time frame you are looking at.

True, and I do have a tendency to try to perfect things (or narrow down criteria) to get as close to a holy grail as possible (when we all know one doesnt exist.)

I have been a fan of multiple time frames forming broader picture bias or setups or S/R though so that kind of comes naturally to me.

I am just trying to maybe use that as a filter, since product selection is always an issue with me. for me chasing volatility (when it then becomes dead) and waiting for things to become volatile (when they remian dead) has always been an issue.

I in the wrong stuff at the wrong times.

SO I am just trying to come up with something that can maybe anticipate a directional move or failure, or provide as some sort of "catalyst" for movement

 

[Maverick74]

Quote from mdl060374:

True, and I do have a tendency to try to perfect things (or narrow down criteria) to get as close to a holy grail as possible (when we all know one doesnt exist.)

I have been a fan of multiple time frames forming broader picture bias or setups or S/R though so that kind of comes naturally to me.

I am just trying to maybe use that as a filter, since product selection is always an issue with me. for me chasing volatility (when it then becomes dead) and waiting for things to become volatile (when they remian dead) has always been an issue.

I in the wrong stuff at the wrong times.

SO I am just trying to come up with something that can maybe anticipate a directional move or failure, or provide as some sort of "catalyst" for movement

Well Santa has just the thing for you. I'll have him drop a few number lines in your stocking this year.