The ACD Method

AAII Sentiment Survey

Bullish sentiment jumped to an eight-month high, while neutral sentiment ended its 32-week streak of above average readings.

This week’s results:

Bullish: 46.1%, up 6.3 points
Neutral: 30.2%, down 3.0 points
Bearish: 23.7%, down 3.3 points
 
Goddamn there is some good shit going on right now in FX Land.
I was thinking the same thing to myself last night. Pretty much everything is in "confirmed" mode for me.

My prediction....it's about to get a LOT better. That's all....carry on. :)
That's good to know! Hopefully I can do a better job capitalizing on it going forward. ;)
 
Just thinking ahead here... I notice the first day of Sept is a US holiday (Labor Day). How will that effect monthly levels for FX next month? Do I use Sept 1 as the first day of month anyway, or use Sept 2 instead?
 
I just got done with primary and secondary number lines depending upon the instrument. I am starting to see what you all have been talking about now and I think it adds a lot of value to my perspective but I know it will take time to get used to evaluating NLs within my current decision making process.

Actually, I got nerdy and applied the same concept to higher time frame ACD sessions but there is no way I can or even want to make sense of that data right now but I coded it all while I was at it.

Thank you all again. Hopefully I am soon at a point where I can have some meaningful conversations here. Still have ways to go.
 
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