The ACD Method

Quote from mfbreakout:

1) Makes sense. Just clarify following.

2) When CL made monthly A down., you posted you will not touch cl. Is there a time filter for confirmation or not for weekly/monthly A up A down levels? for example for my daily OR , i have 45 minutes OR and time filter of 22 minutes.

2) from your post, it looks like as long as price closed below monthly A down level, it is monthly A down. I just wanted to confirm.

3) So, 30 days number lines are helpful but not really? As 30 days number line during that time period shows they were all positive and healthy numbers but we had monthly A down.

4) for day trading, after A down, if price get back to OR high and makes an A up, i turn bullish. Is there such a thing for weekly and monthly A up/ A down? If we had monthly A down in December, did we made monthly C up in December? I am looking for guidelines for Monthly/ Weekly C ups etc..
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2) I usually want to see a full trading day below the monthly to confirm.

3) Number line is very important. I use a monthly number line and my number line last month was very negative when it made a monthly A down. This is why I don't like Fisher's 30 day number line. It rolls over the values from the previous month into the new month which I think contaminates the bias.

4) Yes, I can get bullish after a monthly A down. One of my fav trades is when price crosses back above the monthly A down at the exact level it's making a weekly A up. Again, it's all about price action. You and I both know when Crude is strong or weak. We don't need to draw a line to tell us that. ACD should confirm what you "already know". Remember that line. Write it down. ACD should confirm what you already know.
 
Just got myself TOS, yep, stepped into the '90s finally! Goodbye crappy charts. Working through some tutorials, etc. Looking to code OR, A levels, and ATR's.

Loving it so far. Beats the heck out of the abacus I was using...
 
Quote from Quon:

Just got myself TOS, yep, stepped into the '90s finally! Goodbye crappy charts. Working through some tutorials, etc. Looking to code OR, A levels, and ATR's.

Loving it so far. Beats the heck out of the abacus I was using...
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Just wait till you step up into real time quotes! It's really cool. :)
 
I can't believe I'm saying it, but I still really like F. That thing hung in like a champ when the bad news hit last week, and now it's just moving higher... slowly... quietly
 
Quote from Quon:

I can't believe I'm saying it, but I still really like F. That thing hung in like a champ when the bad news hit last week, and now it's just moving higher... slowly... quietly
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Actually F does look really good. Very clean breakout. Just cleared the QTR A as well. I think you've got yourself a winner there.
 
Quote from Quon:

I can't believe I'm saying it, but I still really like F. That thing hung in like a champ when the bad news hit last week, and now it's just moving higher... slowly... quietly
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BTW, I don't know what speed you are on but the thing is up 3% today. It's not moving that slowly. LOL.
 
Quote from Maverick74:

BTW, I don't know what speed you are on but the thing is up 3% today. It's not moving that slowly. LOL.
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Yeah, probably time to think about limiting my caffeine intake...
 
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