We have a huge bull flag here in the ES at the monthly A up. We have 5 days in a row sitting at this level. Fisher always use to say, the market doesn't give you this long to sell it. If we break out from here, this move could be violent to the upside.
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The ACD Method
- Thread starter sbrowne126
- Start date
Sectors that have already confirmed monthly A ups are SOXX, XHB, XLE and XLY.
Is it August?
AAPL? GOOG? Anyone? Bueller?
Can we talk a little about the time factor that Fisher stresses. Do you ever take signals/confirm your bias even if the instrument doesn't spend enough time at the level.
Giving an example will make this easier, lets say you're day trading a stock, using a OR of 20 minutes, your A up level is 100. The stock reaches the level and spends the first 5 minutes above ut, and the next 5 minutes its trading between 99.96-100 in your book do we have a confirmed A up?
Giving an example will make this easier, lets say you're day trading a stock, using a OR of 20 minutes, your A up level is 100. The stock reaches the level and spends the first 5 minutes above ut, and the next 5 minutes its trading between 99.96-100 in your book do we have a confirmed A up?