The ACD Method

I signed up at ET a couple of weeks ago with the intention of trying to make one post here each day but haven't done that as the work flow is keeping me pretty busy. I'm an old dog trying to learn some new tricks using ACD as a directional template. I'm sure there are plenty like me that check this forum daily and benefit greatly from it. Even on a quiet day, it's nice to take a trip down memory lane via the Sosnoff/Natenberg video uploads. Don't think that a lack of posts mean no one is watching.

While it is late in the day and after the fact, I will just point out that the indexes and grains provided some nice uptrends today that the ACD levels helped exploit.
 
Hi, my first post on here, this is an excellent thread, gone back and read some of the earlier posts over the last few days. Quality stuff on here, real high level. Great work Maverick and the rest of you.

Will contribute when I get the chance in coming weeks.

Been trading variation of ACD since mid 90's, I swear by it. Would be like driving through Shanghai with out a Sat-nav if I didn't use ACD on each instrument.
 
Quote from amsterdam:

This forum has been awfully quiet as of late....

maybe its due to all this volatility in the afternoon....it's got all the traders busy :D :D :D
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Here is what is on my mind, 80% of the population makes less than 50 k per year, take 30% off for taxes divide by 12 and you get an idea how high gas prices act as a tax on disposable income. Want a pair trade? its right there.

http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2010
 
Big reverses in the currencies today. USDJPY dropped nearly 150 pips since Tokyo opened and has bounced on my monthly A up, taking back Fridays US gains; USDCHF has come back about 60 pips to my monthly A down; and since Europe opened EURAUD has traded nearly 200pips lower back to my monthly A up level, where its currently on a little bounce.

It being end of month, it could be Yen exporter offers finally making an impression and a bit of cross rotation but Fridays US rally did look a bit like a blow-off. Be interesting to see how we start March to see if this Yen run-up and blow-off pattern continues...

I don't normally trade GBP as I find the pairs whippy but the late day re-emergence of weakness against EUR continues to be interesting. EURGBP built up quite a strong number line for the US session this month which I'm not sure I've seen very often... Could be US bond managers re-allocating exposure back into Eurozone perhaps...
 
Quote from Maverick74:

I can keep posting all day but it seems like I'm the only one. At some point people are going to get sick of me posting every thought in my head. I'm trying to post less and only highlight some of the more important stuff I see. People were complaining for awhile that the thread was moving too fast. LOL.

We use to have 10 to 20 guys on here. Not sure where they all went. I'm kind of use to it though. Most people don't make money trading. They stop by because it's a new flavor and they think it has all the answers they have been looking for. Once they realize it doesn't, they move on.
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as an ACD method newbie, i'm pretty quiet on here for now but i find this thread to be incredibly informative and helpful. please keep the posts coming as you see fit. and thanks.
 
I am new to ET and also ACD. Sorry, not an elite trader.
This method rings true to me. I really appreciate the content
of this thread. Spreads, tells, correlations, insights are great.
Hundreds may be reading and benefitting yet, have nothing to contibute at this time. Thanks.
 
This is a little off topic. But back in the late 90's there were some very cool commercials on CNBC. One in particular that stands out was done by First Union Bank. They were created by George Lucas. He did 3 or 4 of these. I just thought I would post them. Enjoy!

<iframe width="420" height="315" src="http://www.youtube.com/embed/6f6vz6UtHH8" frameborder="0" allowfullscreen></iframe>

<iframe width="420" height="315" src="http://www.youtube.com/embed/AiYDYVEeQ68" frameborder="0" allowfullscreen></iframe>
 
Quote from Maverick74:

I can keep posting all day but it seems like I'm the only one. At some point people are going to get sick of me posting every thought in my head. I'm trying to post less and only highlight some of the more important stuff I see. People were complaining for awhile that the thread was moving too fast. LOL.

We use to have 10 to 20 guys on here. Not sure where they all went. I'm kind of use to it though. Most people don't make money trading. They stop by because it's a new flavor and they think it has all the answers they have been looking for. Once they realize it doesn't, they move on.
More...

I'm lurking and learning. Thanks

Seneca
 
Using IB (not TOS) I havent any automation of the ACD method.
My interest is in EUR/USD. I have a 30 trading day number line value of +31(by hand). Is this value resonably close?
FXE atr(10) = .98 I will begin using 20% of this or .20 for A vals
and 30 minutes for OR.

LTRO on the 28th. What is the number going to be (.5 trill)? and how will market react? Bill Gross called this QE back in December ( hes still a billionarre) and sure enough 3-6 month sovereigns debt dropped from 2.7 to 1.7 % He said banks would borrow long and low from ECB and lend high and short to PIGS or more accurately IS.
No bank defaults and Greek deal overwhelms any QE effect so far.
My Aups are loaded as I think EUR/USD goes up along with all risk things.
Whats up with bonds? Not behaving right.
 
Quote from eurusdzn:

Using IB (not TOS) I havent any automation of the ACD method.
My interest is in EUR/USD. I have a 30 trading day number line value of +31(by hand). Is this value resonably close?
FXE atr(10) = .98 I will begin using 20% of this or .20 for A vals
and 30 minutes for OR.

LTRO on the 28th. What is the number going to be (.5 trill)? and how will market react? Bill Gross called this QE back in December ( hes still a billionarre) and sure enough 3-6 month sovereigns debt dropped from 2.7 to 1.7 % He said banks would borrow long and low from ECB and lend high and short to PIGS or more accurately IS.
No bank defaults and Greek deal overwhelms any QE effect so far.
My Aups are loaded as I think EUR/USD goes up along with all risk things.
Whats up with bonds? Not behaving right.
More...

My monthly number line on the Euro is +6. My 5 day rolling is +7. My monthly number line on the Euro was pretty weak all month until recently where it crossed positive.

I have always said beware of good news when you have a tape that has rallied on bad news. Good news usually ends all bull runs. Markets climb a wall of worry by rallying on bad news. But when you finally get the good news, that usually marks the top. Having said that, that doesn't mean the market won't pop initially. So the LTRO news is going to be tough to game.

Yes Bonds are a concern as they have stayed well bid. The number lines on equity indices continue to stay tepid. Sector wise there is absolutely nothing going on outside of energy.
 
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