Actual high: 108.74
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The ACD Method
- Thread starter sbrowne126
- Start date
Actual high: 108.74
Alongside EURJPY / CHFJPY, I've been doing well in EURAUD. It's been trading pretty cleanly and broke through and successfully held my monthly A up yesterday. A lot of chatter that macro funds have been heavily short this pair and their covering could provide further fuel for the move...
Yen is getting absolutely destroyed.
Quote from medicsix:
Mav
The monthly level lines on your chart - do place them manually or do have a code that plots them for you?
If coded, can you recommend a programming service? I have on for Ninja but would like to stick with TOS.
All my ACD stuff is coded. You can get custom code for TOS here:
http://www.thinkscripter.com/
Quote from Maverick74:
Let me further add here, I've always talked about the significance of clean moves and the concept of rarity. What this means is, when you see a clean breakout in an instrument that has not broken out for several months, the likelihood of the move being sustainable is rather large. In this case, the Yen has not broken down in most of these pairs in over a year! This is VERY significant. I cannot stress this enough. The upside potential in these trades is huge at this time. Might possibly be the biggest trade of the year. Book mark this post.
And the move continues.