The ACD Method

Mav, Two year yield is down to 0.28%, was at 0.57% or so a few weeks back.

What do you make of this in terms of currencies? Seems to be opposite to what is needed for a stronger dollar.
 
Well, if you were long the Two year a few weeks back you are making a killing right now. All the short rate guys are making a killing. When you saw Europe roll over, a lot of money moved over here into our treasuries putting a bid under our dollar and forcing rates lower.
 
I don't remember seeing a spike like this not good
 

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Nat gas has a weak NL (confirmed on 5, and -8 on 30NL) and just confirmed monthly ADown.
Anyone looking short at this - or is the seasonal trend make this dangerous to short here ?
 
I don't trade the e-mini, but of course I had to pull up a chart and slap some make shift ACD levels on it, what with everything that was happening today. How would the ACD experts read today's action?

Using a 30 minute OR and 5 handle A levels, it looks like we had a 25 handle opening range, a failed AUP around 1860 that quickly broke down to a good A down that was reversed relatively quickly, and a late day attempt to make a CUP back in the 60 area that didn't follow through, with settle within OR. Whew, that was a mouthful.

I have never seen this kind of action, how would you score it? Does this kind of action based around such a huge OR (the OR was actually greater than the entire ATR20, when it is usually less than 25% of it) have any predictive history.
 
As an add on to the above post: Maverick used to talk about wide ORs being great setups for fades. if you used that strategy today, while waiting for countertrend action, you would have made a friggin boat load of money.
 
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