The ACD Method

[RCG Trader]

Quote from Maverick74:

I've got work to do! I always go over my charts when I get back from the gym. I have a lot of oxygen flowing to the brain. Best time to do research.

As far as swing trading, I think the narrow pivots can help you time the breakouts better. So it does help if you can anticipate the volatility.

You trade for Bright now, I thought all of his guys were opening breakout traders, that is why I was surprised.

 

[eurusdzn]

The euro supposedly has a lot of Central Bank support at 130. Maybe oil cathes a bid if it holds 130 for a couple days.
Or, maybe this saga drags out to eternity.

 

[kinggyppo]

if you are aggressive you could get long es with a 3-5 point stop.

 

[Maverick74]

Quote from kinggyppo:

if you are aggressive you could get long es with a 3-5 point stop.

I wouldn't touch this. ES is confirming weekly A down. Katy bar the door King.

 

[kinggyppo]

yesterdays low on es was 1342.50

 

[kinggyppo]

Quote from Maverick74:

I wouldn't touch this. ES is confirming weekly A down. Katy bar the door King.

bah this is where I like to get long, I go in expecting to get stopped out. I think yesterdays low holds................

 

[Quon]

Pssst...

forget the S&P, nat gas failed the weekly A down and just confirmed my daily A up...

 

[kinggyppo]

Quote from Quon:

Pssst...

forget the S&P, nat gas failed the weekly A down and just confirmed my daily A up...

LOL thanks Quon probably would save me some $$$.

 

[Maverick74]

Quote from Quon:

Pssst...

forget the S&P, nat gas failed the weekly A down and just confirmed my daily A up...

Yup, good old natty failed at the weekly A down and intra day A down.

 

[Maverick74]

Quote from kinggyppo:

bah this is where I like to get long, I go in expecting to get stopped out. I think yesterdays low holds................

We use to have a saying at Worldco, "bottom pickers have stinky fingers".