The ACD Method

Quote from mfbreakout:

Mid day 01-10-2012. Biggest improvement I need to make is to get less excited when we have an A up or A down. Trying to improve my sense to gauge the PACE of the market properly and stay away from indicators as they played with my head all day pointing in wrong direction . For example at 102.40 after an A down they were pointing for all the HELL TO BREAK LOOSE and @ 103.05 after an A down- they said up there is nothing but BLUE SKY (lol).

Now , these scenarios may still play out sometime today but they have to prove it. Based of overnight inventory, market did not answer the call at the OPEN.
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End of the day. 01-10-2012
 

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Quote from RCG Trader:

ACD is a method. It is not a system. It provides points of reference.

What Mav is doing here is essentially providing a real time newsletter to guide people thru the markets. He is not making calls. Is making macro, and some micro observations.

Please Leap, just sit back for a minute and understand what is going on here. You might learn something. Or, better, pick your pet stock, index, or pair, or even bond and start posting your A's and your C's.

We have not had a thread like this one on ET for several years, just trying to keep it clean bruh. Mav has keep this thread as an honest attempt to talk to traders out there. It sat up there for about six months before I decided to click on it. After I clicked on it, I was able to shut down esignal and trade of Oanda's charting platform, which offers almost no indicators.

I am just saying to read up a bit. That's all.
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Thumbs up!! As my grandma used to say: "son, if you don't have anything to say, stfu"!

I'm so grateful for this page on ET and more specifically, to Mav for contributing so much.
 
Back in the office...got my indis setup on TS and everything! So much more convenient to have everything at the click of a button rather that manually inputting everything :)
 

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Quote from Shanb:

Back in the office...got my indis setup on TS and everything! So much more convenient to have everything at the click of a button rather that manually inputting everything :)
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Back at the prop firm office Shan?
 
Quote from mfbreakout:

End of the day. 01-10-2012
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I forgot to mention that on Tuesday at 4.30 pm we get API ( American Petroleum Institute) numbers for Crude.

This report most of the time causes whipsaws of 40-80 ticks.
 
my attempt at contributing. for anyone struggling with how to put together your own system using ACD.

horizontal lines are A/C levels. based on an ATR measurement and another volatility filter that I use.

obviously there is more to it than just an intraday chart, but even basic charting alone would show some entry points.

note action around OR, failed A up, failed A down (time), fib, support, resistance areas.

bottom window is just volume
 

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Quote from Maverick74:

Back at the prop firm office Shan?
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Well yea kinda....using my workspace to do some demo trading and work on TS with strategies etc. You know my situation in general...so not hoping to be here for long seeing as how I can't even trade :-(
 
Does anybody trade any of the big momo names in here?

SINA, GMCR, BIDU...some of the names that showed strength. Surprised no one is jumping all over these things...they're like crack :-)
 
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