The ACD Method

Maverick74 · Feb 14, 2013

Soros has made a billion dollars on the Yen as well.

http://www.bloomberg.com/news/2013-02-14/soros-said-to-make-1-billion-since-november-on-yen-bet.html

cdcaveman · Feb 14, 2013

Quote from Maverick74:

Soros has made a billion dollars on the Yen as well.

http://www.bloomberg.com/news/2013-02-14/soros-said-to-make-1-billion-since-november-on-yen-bet.html

interesting..

justrading · Feb 15, 2013

Quote from Maverick74:

It looks like you got your bounce off the failed confirm. Upside target is now 8760.

Latest Eurozone data poor so expecting some chop, but with Carney favouring more QE, I'm inclined to expect GBP weakness and EUR strength.

I'm without a computer for about a week, is there a potential longer term upside target for EUR/GBP?

Maverick74 · Feb 15, 2013

Quote from justrading:

Latest Eurozone data poor so expecting some chop, but with Carney favouring more QE, I'm inclined to expect GBP weakness and EUR strength.

I'm without a computer for about a week, is there a potential longer term upside target for EUR/GBP?

The only level I have still above is 8760. We blew through the QTR and we are above the yearly A up. Nothing but blue skys. Again, I haven't done the number line. If I have time this weekend I'll do a 30 day. I suspect its in the mid teens. You just have to pick your spots. And DON'T read into the headlines. That's the fastest way to lose money trading is to think you know something when you don't.

Maverick74 · Feb 15, 2013

BTW, meant to point out Gold broke down through the monthly A down at 1640 and confirmed on the 30 day number line. Heading straight for the QTR A down at 1579. Yearly A down around 1550.

cdcaveman · Feb 16, 2013

Quote from Maverick74:

BTW, meant to point out Gold broke down through the monthly A down at 1640 and confirmed on the 30 day number line. Heading straight for the QTR A down at 1579. Yearly A down around 1550.

http://www.nasdaq.com/article/soros-bails-on-gld-so-what-cm218415#.UR_2I6WTgmM

soros seems to kill it.. with the yen.. gld .. large macro plays.. not a strong sign for GLD technically either..

Maverick74 · Feb 25, 2013

Hope you guys read all the ACD posts over the weekend before they were lost in the changeover. There were some important ideas expressed concerning the number lines.

kinggyppo · Feb 25, 2013

Quote from Maverick74:

Hope you guys read all the ACD posts over the weekend before they were lost in the changeover. There were some important ideas expressed concerning the number lines.

so its back to the original format? traffic must have dropped off alot.

wickedwin · Feb 25, 2013

Quote from Maverick74:

Hope you guys read all the ACD posts over the weekend before they were lost in the changeover. There were some important ideas expressed concerning the number lines.

I did as you said & tripple read it haha. I also asked,
do you happen to know why the "change in trend" data was discontinued ?

Maverick74 · Feb 25, 2013

Quote from wickedwin:

I did as you said & tripple read it haha. I also asked,
do you happen to know why the "change in trend" data was discontinued ?

I have no idea. I never understood it anyway. Some of his stuff drifts away from ACD, maybe that is why he got rid of it.