The ACD Method

Quote from Maverick74:

Well....I like spreads. LOL. I think FSG is better then trying to short this market outright. I think if the ES keeps grinding up to 1350 to 1375, Gold should keep up thereby FSG will begin to form a base. If Gold breaks out and takes out the old highs, it will far outperform the ES. If we roll over, there is a good chance Gold will pullback as well, but I feel better now that Gold had a decent washout back to the QTR A down. There is a slight chance that all hell breaks out in Europe where ES tanks and Gold breaks out to the upside. In that scenario, FSG doubles in price back to $55 and beyond. So it seems like a cheap shot at a trade that could go parabolic if you are right and simply go sideways if you are wrong. I like those kind of trades.
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Seems like a very good R:R trade. YTD GLD-SPY has looked very good. Gold has been squeezing shorts since that large push up at the end of January. This wash out is probably healthy if anything! Plus gold just freshly broke its previous downtrend while equities have been grinding higher for a while. I like it and will be watching it next week :)
 

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Quote from Shanb:

Seems like a very good R:R trade. YTD GLD-SPY has looked very good. Gold has been squeezing shorts since that large push up at the end of January. This wash out is probably healthy if anything! Plus gold just freshly broke its previous downtrend while equities have been grinding higher for a while. I like it and will be watching it next week :)
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Essentially what this ETF allows you to do is to actually "own" gold. What I mean by that is a lot of people think if they buy gold whether it be the bullion, the futures or ETF, they think they are buying gold. They are not. What they are buying is a risk asset. A risk asset that will drop in price with the S&P more often then not. By spreading gold against the S&P, they are actually focusing specifically on the relationship Gold has with the rest of the market, not as a risk asset.
 
Quote from Shanb:

Where's everybody at? feels like this forum is getting quieter by the day
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Super bowl hang-overs? As a Pats fan, I know I'm drinking coffee by the gallon today...
 
Quote from Maverick74:

AAPL 465 today. Where is the King?
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was thinking what is the most outlandish counter intuitive spread.
I came up with short aapl long ung, Mav would you like to shred this one?:)
 

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Quote from Maverick74:

WTI/Brent spread blowing out big time. Over $18 now.
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Here is a chart of that spread. This is also why there is a chronic weakness in WTI right now for those of you wondering why oil can't catch a bid with the ES so strong.
 

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Quote from Maverick74:

OK, so looking at the levels on this, the monthly A down is 28.23. We pierced that on Friday. If we confirm on Monday, I would not buy it. If this level holds though and we get back above 28.23, you have a nice tight entry on this.
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We confirmed the monthly A down today. I will not do anything in this till it trades back above the monthly A down.
 
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