The ACD Method

Quote from Maverick74:

ES ran 10 handles through the A up. That's about as nice of a move it's had in a while on an A up. Through the pivot no less. But it bounced 16 handles off the failed weekly A down to the tick.

well after A up confirmation, ES only gave entry at 1294, so for me only 6 handles in 4 hours. I do not like to jump in till time filter confirms set up plus 12 days of pull back into daily failed A down level is tough to ignore for a trader like me.

Still working on finding weekly levels.
 
Quote from mfbreakout:

well after A up confirmation, ES only gave entry at 1294, so for me only 6 handles in 4 hours. I do not like to jump in till time filter confirms set up plus 12 days of pull back into daily failed A down level is tough to ignore for a trader like me.

Still working on finding weekly levels.

Then trade TF. Basically like ES on speed. A up at 765 with 10 handles of follow through. That's 1k per contract. Pretty much in a straight line.
 
Quote from Maverick74:

Then trade TF. Basically like ES on speed. A up at 765 with 10 handles of follow through. That's 1k per contract. Pretty much in a straight line.

For speed i have CL. Can not handle 2 speed boats at the same time (lol). I trade ES just for what it is- to develop patience.
But keeping track of key levels for TF is a great idea, so that i can trade when it is trending.
 
Quote from mfbreakout:

For speed i have CL. Can not handle 2 speed boats at the same time (lol). I trade ES just for what it is- to develop patience.
But keeping track of key levels for TF is a great idea, so that i can trade when it is trending.

Clues into if it makes sense to go long at maverick74 weekly level for ES.
 

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Quote from mfbreakout:

Thanks for heads up.

Gartman can not produce decent return in his funds. One can tell MF is way ahead of Gartman- who writes a pretty mediocre newsletter. I can not believe , I subscribed to it for 6 months.

Fish is looking at CL 30 day number line thats why he does not seem too excited about CL " Crude will base between 95-100-110 till some thing concrete happens in middle east".

Every time i see Fish on TV, i can see he can put any trader from GS, JPM etc.. under the table in 30 minutes in a trading contest as he said during his NYMEX webinar (lol).

http://www.merriam-webster.com/dictionary/circumspect
 
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