The ACD Method

Euro Cash or E6. I am definitely no expert, but doesn't it look pretty good here for a possible swing trade? Today's action, by my relatively simplistic ACD layout, looks like a failed Aup, followed by a good A down through the pivot zone, culminating in a good C up after the London session and a close above the OR. Would this be a plus 4 day?

I bought the cash at IB at 13314 after it broke through the OR after the good A down.

I am supposed to take this one home, Right?
 
Quote from FJMcC:

Euro Cash or E6. I am definitely no expert, but doesn't it look pretty good here for a possible swing trade? Today's action, by my relatively simplistic ACD layout, looks like a failed Aup, followed by a good A down through the pivot zone, culminating in a good C up after the London session and a close above the OR. Would this be a plus 4 day?

I bought the cash at IB at 13314 after it broke through the OR after the good A down.

I am supposed to take this one home, Right?
More...

I got bullish on E6 on the 7th and got a number line confirmation yesterday. I think it needs a day or two to breathe, but my monthly A up is 1.3207. That level should be defended throughout this month.
 
Quote from kinggyppo:

http://vixandmore.blogspot.com/2013...&utm_campaign=Feed:+VixAndMore+(VIX+and+More)
More...

yeah, mav and I read that last night. interesting stuff. here was his reply when I sent it to him.

"Interesting. Problem is, we have no where near the volume we had on those march lows. Also hard to read into data in the month of June. More easily explained by us bouncing off the failed monthly A down twice in the spoos and off the QTR A up and a relatively strong number line on the drop including the monthly which did NOT confirm the downside momentum."
 
You must log in or register to reply here.
Back
Top