The ACD Method

Quote from Maverick74:

By macro I simply mean longer term trades. I don't scale. These trades don't last that long. Usually one to two weeks. I have lots of layouts saved for the macro stuff. So it's really as simple as pulling up my commodity layouts and looking at my quad grid. My quad grid has 4 charts that show the intra-day, weekly, monthly and QTR levels. Everything you need to see is right there. So you don't need a lot of space. What you need, is a lot of TIME!
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Mav, don't limit yourself to swings. ACD does work at the intraday level. At least it does in FX. And +1 on this post. Time is the real factor.
 
Quote from RCG Trader:

Mav, don't limit yourself to swings. ACD does work at the intraday level. At least it does in FX. And +1 on this post. Time is the real factor.
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I use ACD everyday on intra day trades. Just not on commodities.

Good to see you out of the basement. You haven't posted here...in a long time. LOL.
 
Quote from Maverick74:

I use ACD everyday on intra day trades. Just not on commodities.

Good to see you out of the basement. You haven't posted here...in a long time. LOL.
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I felt no need. I check the thread daily. You have been a great captain. No need for anyone on this ship to tell you anything. You are kicking ass.
 
Quote from Maverick74:

Here is another possible good setup. Soybeans have been on a tear recently. Up close to 50% on the year. And we just happen to be approaching the QTR A up at 1480. We currently are sitting right at the monthly A up at 1458. These beans really popped on Friday and the Bean options were going nuts. If we see another day of intense buying into that QTR A level, a nice short could be lining up. I would NOT, repeat NOT short the futures. This would be an option play.
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Curious why you wouldn't just short the futures?
 
Quote from DT3:

Curious why you wouldn't just short the futures?
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Have you ever had a grain position go limit against you? For days on end with no out? It's not pretty. No need to take that risk going against the trend.
 
Quote from Maverick74:

Have you ever had a grain position go limit against you? For days on end with no out? It's not pretty. No need to take that risk going against the trend.
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Exactly why I don't have the courage to trade those, that limit up limit down crap, Im good on that.
 
Guys,

Mav talked about a weekly A up in nat gas being a good place to get long after the test of the qtr. Looks like that trade is upon us.
 
Quote from Quon:

Guys,

Mav talked about a weekly A up in nat gas being a good place to get long after the test of the qtr. Looks like that trade is upon us.
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It is upon us. We closed right at my weekly. I'll be getting long tomorrow if we hold here. Truthfully I was hoping to get in at the QTR A down but got distracted with other stuff. :(
 
We are also sitting at the QTR A down in Copper. Very critical level here. It looks like it's going to come down to AAPL and the Fed. If we break these levels, 1300 will get tagged in days. If we bounce here I still think we will go lower but we could re-test 1390 or so before we fall.
 
The consensus seems to be the Bank of Japan will begin
easing again. (didnt they just stop?)
The decision is Friday.
JPY has spent some time around the .012350 level ( from a couple weeks ago) after quite a run-up.
Thinking of selling it here.
A couple days of global risk-on into this
event on Friday could be nice.
Thoughts anyone.
 
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