The ACD Method

NoVoodooHere · Nov 10, 2015

hoop121 said:
VRX around it's MAd.......if you dare!

...I did

Based on news flow and action mixed, seems like a bottom is in right here green + delta negative earlier takes it to ~90 EOD

hoop121 · Nov 10, 2015

NoVoodooHere said:
...I did

Based on news flow and action mixed, seems like a bottom is in right here green + delta negative earlier takes it to ~90 EOD

nice, yeah, $6 off the lows

NoVoodooHere · Nov 10, 2015

hoop121 said:
nice, yeah, $6 off the lows

kinda failing to push through unchanged STILL weak. I was thinking otherwise. My daytrade ends at 84.69 stop here, looks like a hit for sure

Edit - stop hit

Did you post in this thread because your entry was related? I have no idea what the thread is about & don't really care too much, but curious. Would be nice to share day trading on a thread

hoop121 · Nov 10, 2015

NoVoodooHere said:
kinda failing to push through unchanged STILL weak. I was thinking otherwise. My daytrade ends at 84.69 stop here, looks like a hit for sure

Edit - stop hit

Did you post in this thread because your entry was related? I have no idea what the thread is about & don't really care too much, but curious. Would be nice to share day trading on a thread

yes, it's thread related. and you absolutely should care what the thread is about, it's the longest running, non-derailed, most respectful thread on ET. cheers

Trader13 · Nov 12, 2015

hoop121 said:
yes, it's thread related. and you absolutely should care what the thread is about, it's the longest running, non-derailed, most respectful thread on ET. cheers

I'll add that even if you don't trade using ACD, you will find many insightful posts on this thread about general concepts in trading. I am mostly a lurker and poke my nose in this thread a few times a year and I always leave a little wiser. It's also an upbeat thread and it's good to see traders enjoying their craft.

ignl · Nov 13, 2015

Oil is so weak from chart, made M A down, but my NLs are kinda neutral however RB and HO confirmed negative, Arb confirmed positive and then in last few days great move from almost Monthly A down. Anyone has any insight on oil?

rt5909 · Nov 13, 2015

ignl said:
Oil is so weak from chart, made M A down, but my NLs are kinda neutral however RB and HO confirmed negative, Arb confirmed positive and then in last few days great move from almost Monthly A down. Anyone has any insight on oil?

all of my NL's for crude are weak and confirmed. 5 day is the second worst of the recent past. Rbob for me was the one that was neutral until a couple of days ago. Its NL was being held up a good bit by the rbob crack. Good grief that thing had a run...

Maverick74 · Nov 13, 2015

hoop121 said:
yes, it's thread related. and you absolutely should care what the thread is about, it's the longest running, non-derailed, most respectful thread on ET. cheers

Don't tempt the trolls. LOL.

logicaltrader · Nov 13, 2015

ignl said:
Oil is so weak from chart, made M A down, but my NLs are kinda neutral however RB and HO confirmed negative, Arb confirmed positive and then in last few days great move from almost Monthly A down. Anyone has any insight on oil?

I have been trading products from the short side since the failure at MAUp last week. The last 2 weeks have resulted in 2 straight WAdns. WTI and Brent confirmed MADn for me Wednesday, products followed yesterday. The front 3 months in HO have settled below my QAdn today. WTI and Brent are right there but not confirmed the QAdn yet. RB is lagging a little bit. I am taking it one week at a time and I think we have a bit more downside coming next week.

Maverick74 · Nov 19, 2015

Everything is still on schedule for the early 2016 blowoff top in the ES.