The ACD Method

[Maverick74]

What's the advantage of leaving the currency is not part of the euro, just curious.

This is a pretty good overview:

http://uk.businessinsider.com/take-...-britain-leaving-the-eu-hsbc-note-2015-5?IR=T

 

[Maverick74]

ES at the monthly A down. I like this area...

 

[kinggyppo]

Seriously...isn't all of this just a formality? Whether or not Britain is "classified" as in the EU or not doesn't even matter. Britain has never used the euro.

this will have a direct effect on different markets, it seems the real driver is more autonomy
for the Brits. Pound is selling off and vol is elevated in many products so I think US and certainly Euro exchanges are being affected.

 

[Maverick74]

I think this market is about to rip fwiw.

 

[koolaid]

I think this market is about to rip fwiw.

Could you share your thought process? I feel that it has been knocking on the doorstep of the ATH many times...so I tend to agree. Just want to get your take.

 

[Maverick74]

ES wicking off the monthly A down, bonds wicking off the QTR A up. Vol actually start coming in while spoos were making fresh lows earlier and there was some nice price action in some of the high risk beta names. Also bearish sentiment is really high.

 

[Maverick74]

Also number lines just are not breaking down.

 

[thegunshow]

I think this market is about to rip fwiw.

I'm guessing this means you don;t have a confirmed A down in the ES? I'm still experimenting with the longer time frame stuff.

 

[eganon69]

I totally agree with you Maverick. Although we seem to use different methods I have come to the same conclusion and have been using the downs days to buy more and reposition.

 

[Maverick74]

I'm guessing this means you don;t have a confirmed A down in the ES? I'm still experimenting with the longer time frame stuff.

Nope. Bounced right off of the failed monthly A down.