You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
The ACD Method
- Thread starter sbrowne126
- Start date
Quote from mfbreakout:
Why i stay clear of ES etc.. since ACD is my trading method. Oil baby Oil.
ES had a perfect failed A up to the tick and traded straight to the A down 10 handles to the tick. That is a great trade. I think ACD trades perfectly with ES, but again, you have to modify your A levels and opening range to reflect the product you are trading.
Quote from Maverick74:
ES had a perfect failed A up to the tick and traded straight to the A down 10 handles to the tick. That is a great trade. I think ACD trades perfectly with ES, but again, you have to modify your A levels and opening range to reflect the product you are trading.
Interesting. It is kinda relative, but I also had a failed a up that ran to the a down. Failed there too, (you could get long - I'm not, but you could give it another shot). I think all the things I look at seem to work well for ACD that I've noticed anyway.
just gotta use those STOPS
Quote from Quon:
Interesting. It is kinda relative, but I also had a failed a up that ran to the a down. Failed there too, (you could get long - I'm not, but you could give it another shot). I think all the things I look at seem to work well for ACD that I've noticed anyway.
just gotta use those STOPS
15 minutes OR starting 9.30. I like CL 200 ticks moves even on slowest days like last week when volume was like 130,000 cars/day.
Also, once a trader get used to pace of CL it is tough to adjust to ES pace. I rely heavily on volume bars and ES volume bars are tough to gauge as it is a very THICK and heavily traded instrument.
250, 000 cars for cl and 1.3 million for es on average. I can identify volume bars better with CL.
And when the risk trade is ON, i want to trade instrument which i trade every trade as trading opportunities every where ES, TF, GC, CL etc.. My skill sets only allows me to FOCUS on one instrument at a time. CL hit 102.80 around 10.30 am and one need lot of FOCUS to trade since then - long or short.
Quote from MBC:
Would like to learn about volume profile with ES ? Where do I begin ?
Thanks
One can not be a good trader with different and opposing trading methods. Decide on your method.
For Volume profile , read Jim Dalton books and you can watch futurestrader71.com webinars.
I am sure there are active forum within elite trader. Hit search function.
Quote from mfbreakout:
15 minutes OR starting 9.30. I like CL 200 ticks moves even on slowest days like last week when volume was like 130,000 cars/day.
Also, once a trader get used to pace of CL it is tough to adjust to ES pace. I rely heavily on volume bars and ES volume bars are tough to gauge as it is a very THICK and heavily traded instrument.
250, 000 cars for cl and 1.3 million for es on average. I can identify volume bars better with CL.
And when the risk trade is ON, i want to trade instrument which i trade every trade as trading opportunities every where ES, TF, GC, CL etc.. My skill sets only allows me to FOCUS on one instrument at a time. CL hit 102.80 around 10.30 am and one need lot of FOCUS to trade since then - long or short.
Yeah but how many lots are you trading of CL at a time. For every one lot of CL, you can trade 5 ES. So that you get the same 200 tick moves in ES as CL. Trust me, over the years I have done all the math on this stuff. It's all the same.
Long QQQ @ 56.90, STP 56.85, 1st target 57.20
Quote from Maverick74:
Yeah but how many lots are you trading of CL at a time. For every one lot of CL, you can trade 5 ES. So that you get the same 200 tick moves in ES as CL. Trust me, over the years I have done all the math on this stuff. It's all the same.
Maverick,
I consider myself more skilled trading FX compared to trading ES. Its clear that I am better-off trading only FX and I should stop trading ES. However, I have persisted till now thinking that I am not profitable trading ES because its an equity index and it has different kind of movements compared to 6E. And with more screen time and experience I will be able to trade ES also profitably. My reasoning is if I become successful in developing a methodology for trading ES, then it will add diversification to my equity curve.
But for last 4 months, I have made money every month trading FX and lost money every month trading ES. So, now I am thinking if I should continue trading ES or just stop trading it and only concentrate on trading FX. What is your opinion please.