The ACD Method

Maverick74 · Jul 9, 2014

copyplus said:
Hey Mav, what do you think about USD/JPY?

I've had my eye on it for a couple of weeks. It seems to be going nowhere but my number line has been strong despite that.

So I have been thinking failed weekly A-downs would be good plays on this, or a breakout on a monthly A-up in July. July got off to a good start but it failed at the monthly A-up so no breakout trade yet.

Am I on the right track with this?

BTW thanks for the explanation and ES example. My number line was on fire as well and my thoughts were the same as what you described so nice to know I was on the right track on that one.

I have a confirmation on USD/JPY and I'm long. Looking to buy every dip and sell every rip.

copyplus · Jul 9, 2014

Awesome! Glad to see my number lines appear to be "working".

partha · Jul 10, 2014

My currency lines are not working ..

I need to work on them some more ....

CL appears to be testing the Quarterly ADn line.
CL Numberline is still way negative ..

koolaid · Jul 10, 2014

How is U/J confirming for some people? Prices have not moved anywhere....weird. I wonder if our number line methods vary dramatically.

Maverick74 · Jul 10, 2014

koolaid said:
How is U/J confirming for some people? Prices have not moved anywhere....weird. I wonder if our number line methods vary dramatically.

Number lines don't measure movement, they measure price action.

Maverick74 · Jul 10, 2014

partha said:
My currency lines are not working ..
I need to work on them some more ....

CL appears to be testing the Quarterly ADn line.
CL Numberline is still way negative ..

Why are your currency number lines not working?

koolaid · Jul 10, 2014

Maverick74 said:
Number lines don't measure movement, they measure price action.

With such low vol in fx land, do you still use time stops (like if price is not where it should be within a certain time frame, do you exit?)?

Maverick74 · Jul 10, 2014

koolaid said:
With such low vol in fx land, do you still use time stops (like if price is not where it should be within a certain time frame, do you exit?)?

Always.

himself · Jul 10, 2014

Maverick74 said:
I have a confirmation on USD/JPY and I'm long. Looking to buy every dip and sell every rip.

When you say "I'm long" USD/JPY am I correct in believing you are buying dollars using yen, that is you are short yen?

When you say "I have a confirmation" of the shorting of the yen am I correct in believing your 30 day yen line is -9, or your 5 day yen line is -5?

On Fisher's web site this morning he had the 30 day line for the yen at +4, and the 5 day line also at +4.

Am I reading this correctly?

Even allowing for "special sauce" can you both be using the same method?

Maverick74 · Jul 10, 2014

himself said:
When you say "I'm long" USD/JPY am I correct in believing you are buying dollars using yen, that is you are short yen?

When you say "I have a confirmation" of the shorting of the yen am I correct in believing your 30 day yen line is -9, or your 5 day yen line is -5?

On Fisher's web site this morning he had the 30 day line for the yen at +4, and the 5 day line also at +4.

Am I reading this correctly?

Even allowing for "special sauce" can you both be using the same method?

Usually Fisher quotes the futures which is JPY/USD, opposite of most spot rates. Yes, I am buying dollars and selling Yen. Yes, my 30 day has confirmed. No special sauce. We do NOT calculate our number lines the same way.