The ACD Method

Hmm so Scots voted no and GBP go up and then reverses and make real strong A down. Good news bad action? Its kinda confusing to me I have a feeling that it is currency to be in as it should move, but currently can't decide if I'm bulish or bearish so have to wait :) NLs not confirmed anymore and 30d -4 for me (without today) so its close to resetting. I guess only thing to do is to wait for NLs confirmation. What do you guys think about GBP?
 
My number lines have been confirmed negative since end July, still are.

Price action is news driven, yesterday was an up day and today has basically negated that. I'd be looking for a short entry when there is more clarity on trend resumption.
 
ignl said:
Hmm so Scots voted no and GBP go up and then reverses and make real strong A down. Good news bad action? Its kinda confusing to me I have a feeling that it is currency to be in as it should move, but currently can't decide if I'm bulish or bearish so have to wait :) NLs not confirmed anymore and 30d -4 for me (without today) so its close to resetting. I guess only thing to do is to wait for NLs confirmation. What do you guys think about GBP?
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You really want to focus on the big picture. Don't get caught up in which currency to be in. Right now USD/JPY is exploding. CAD/JPY even more so. Even EUR/JPY about to break out. I would steer clear of the GBP for awhile.
 
Yeah I have small usdjpy position since failed weekly A down @~103.60 just never added to it (unfortunately) as it went up like a rocket. You think there are more potential? Is it beggining of the move to 150? :) About GBP you are right patience is a virtue so probably it is best to wait and that's what I do, but this reversal looks so strong and real... Like Fisher said it probably caught a lot of people with their pants down :)
 
Hello HomeGamer ACDretirement mutual fund timers.

I was reviewing a few “Pay for” sites and the material they provide for free seems fairly bearish. They may be right but, as of 9/19/14 I have a growing number of 30 Day Rolling (DR) confirmed. The most recent was on Thursday in the Sectors area when Financials (XLF) confirmed. It’s also at a 52 week high. I have added a pinch of that to my retirement mutual funds (RYFAX).

The ISEE Index closed at 81 on Friday. In the history of the index (4/2/2002 to present) there have been 18 days of 81. I’ve attached the results of those days and the resultant return after 5, 10, 21, 42, 63 and 126 days later. I’ve also attached the results of sorting with the 10 moving average at 105 and the dailies in the 80’s or less. It seems that sorting with the 10 moving average gives the most reliable results.

Go Seahawks!
 

Attachments

Robert, ISEE at 59 today. From your database what is the longest run of sub-100 days? I'm thinking that not every low number is immediately followed by a bounce.
 
The ETF Real Estate Sector IYR had 52 week highs on 9/5 and 9/6 and since then has gotten knocked around pretty good. Monthly A Down on 9/12 and today it confirmed a negative 30 day rolling for the first time this year. Ouch. My quarterly A Down is 69.54
 
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