The ACD Method

Quote from Quon:

I just mean that, (and again, very limited experience here) I've typically seen failed weeklies on late Monday/early Tuesday. Today's failed weekly A down happened early, and since the market was strong out of the gate, it didn't require price to pull back very much.

Just wondering if the early nature of the failure means anything, (i.e. more likely we run to the A up, or more likely to hit the weekly ATR, etc).
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Keep in mind, almost all the sectors were strong today. Just about everything made an A up. That was pretty impressive.
 
Quote from Maverick74:

Failed monthly A up in ES, failed intra-day in ES. Weekly A down is 1304.75.
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Nice confirmation that my weekly numbers not too far off. My weekly A down on SPY is 130.54
 
Quote from Maverick74:

Keep in mind, almost all the sectors were strong today. Just about everything made an A up. That was pretty impressive.
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Ok, so much the way the early intra-day A ups are best. Ok, thanks Mav, I appreciate you sharing on this.
 
Quote from Maverick74:

Perfect failed A up in the Euro today on the US session.
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Hi Mav,

I am looking at Fish sheet for Euro Currency. He has trading hours as 2.30 am till 4.15 pm.

What time do you use for US session?

Also, weekly and monthly levels for CL.

Thx
 
Quote from mfbreakout:

Hi Mav,

I am looking at Fish sheet for Euro Currency. He has trading hours as 2.30 am till 4.15 pm.

What time do you use for US session?

Also, weekly and monthly levels for CL.

Thx
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I use 8:30 central time for Euro.

CL 97.73 and 100.77 for weekly and 96.43 and 106.40 for monthly.
 
Quote from Maverick74:

Failed monthly A up in ES, failed intra-day in ES. Weekly A down is 1304.75.
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I'm new to ACD, but am working my way through the book and have started a spreadsheet using SPY as my test case. I’ve been silent on this thread as I’m still on a steep learning curve and there is a wealth of information to sort through. I'm a bit surprised by what must be significant differences in calculation for the ES weekly and monthly numbers. I can see the weekly A down test today, but the Jan 3 ES high was 1280 so if you are just today getting a failed A up on the monthly at 1320, you must be using quite a wide ATR multiplier? I had the monthly SPY A up at about 130 which confirmed a few days ago. Am I miss reading this somehow? Thanks in advance for your thoughts!
 
Quote from sarue:

I'm new to ACD, but am working my way through the book and have started a spreadsheet using SPY as my test case. I’ve been silent on this thread as I’m still on a steep learning curve and there is a wealth of information to sort through. I'm a bit surprised by what must be significant differences in calculation for the ES weekly and monthly numbers. I can see the weekly A down test today, but the Jan 3 ES high was 1280 so if you are just today getting a failed A up on the monthly at 1320, you must be using quite a wide ATR multiplier? I had the monthly SPY A up at about 130 which confirmed a few days ago. Am I miss reading this somehow? Thanks in advance for your thoughts!
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Everyone uses different levels. Everyone has different trading styles and different time frames. I know that is an ambiguous answer, but we can't all use the same levels if well all trade differently. My levels are no where near the levels Fisher uses for example. But he seems to trade fine with his.
 
Quote from Maverick74:

Everyone uses different levels. Everyone has different trading styles and different time frames. I know that is an ambiguous answer, but we can't all use the same levels if well all trade differently. My levels are no where near the levels Fisher uses for example. But he seems to trade fine with his.
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Understood, I'm just trying to get a feel for methodology. I currently use the same ATR for all time frames and am adjusting the the factor to be applied to see what works best. Thanks for your posts and willingness to share through all these pages!
 
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