The ACD Method

Does anyone trade spot forex using ACD and number lines from Futures FX?

CAD, CHF and JPY are expressed as the inverse of course, but that should not be an issue selecting the currency to short/buy.
 
Quote from hoop121:

i haven't had a chance to dive into the book yet, but was hoping for a quick explanation as soon as you have the time.

how would one best use these levels?
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I use these levels for longer term macro trades. I look to buy pullsback in strong trends or sell the pops into these levels. On the momentum side I look for confirmation above and below the A levels. When price is trading inside the monthly A levels, the A levels are price targets.
 
Quote from justrading:

Does anyone trade spot forex using ACD and number lines from Futures FX?

CAD, CHF and JPY are expressed as the inverse of course, but that should not be an issue selecting the currency to short/buy.
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I use ACD for FX as well. EUR/AUD solid monthly breakout to the upside right now.
 
Quote from Maverick74:

Anyone else watching these heating oil and gasoline crack spreads right now? Very strong.
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yeah, isn't this the time that heating oil demand tends to start increasing for the northeast?
 
Quote from hoop121:

yeah, isn't this the time that heating oil demand tends to start increasing for the northeast?
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Yes, for heating oil alone, there is a seasonality trade to the long side but it's my understanding that the seasonality in the cracks are actually to the short side in the fall and the long side in the spring. There is a major squeeze going on right now against these seasonality traders who are short.
 
Quote from Shanb:

I want to share a book that i recently read...I think it will be helpful for any trader. Beginner or advanced. Peter Brandt's, Diary of a Professional Commodity Trader.

Brandt is a true professional and his approach to money management and treating trading like a business is golden!

http://www.amazon.com/Diary-Professional-Commodity-Trader-Lessons/dp/0470521457

Good Trading to everyone!
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I definitely will check this book out. It's been on my to do list for awhile now. Looks engaging.
 
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