

Here is a popular spread of SPY/EEM with my 30 trading day ACD levels . The trigger isView attachment 157441 Here is a popular spread of SPY/EEM with my 30 trading day ACD levels . The trigger is
the 1st day FOMC meetings. 2014 and 2015 meetings are shown EXCEPT for the most
recent meeting approx. 10 days ago. Note the lack of direction the last 10 days where
most past meetings triggered decent moves, reversals etc...
Anyone else use macro events (Fomc,NFP,Drahgi, Abe) etc to trigger ACD levels to trade?
View attachment 157441 Here is a popular spread of SPY/EEM with my 30 trading day ACD levels . The trigger is
the 1st day FOMC meetings. 2014 and 2015 meetings are shown EXCEPT for the most
recent meeting approx. 10 days ago. Note the lack of direction the last 10 days where
most past meetings triggered decent moves, reversals etc...
Anyone else use macro events (Fomc,NFP,Drahgi, Abe) etc to trigger ACD levels to trade?
My present way of thinking is to use the volatility of the preceding 30 days for the Aup and Adown levels. This is not using the event day for opening range because i want to see if the behaviour going forward(pace,price,volatility) differs from the last 30 days. The event day isnt factored into the calc because i would rather see a break from a fraction of the past 30 day range rather than a break from the range of the opening day.Like that chart. So you are using the event as your OR.
this headline though: I think somewhere in market wizards a trader says the stock market is like trying to decide which judges will pick for beauty queen.