The ACD Method

[SteveM]

Just my opinion, but it looks like WTI probably wants to get down to that $42.95 September low

Well, we tested that low today and did not bounce. Next targets I'm seeing are $41.10 and $39.20, assuming we don't rally first.

 

[Maverick74]

Well, we tested that low today and did not bounce. Next targets I'm seeing are $41.10 and $39.20, assuming we don't rally first.

Curves are flattening quite a bit today. Looks to be a solid bid here at least for now in WTI.

 

[Maverick74]

Next best trade? Long financials and short ES as a spread trade. Don't forget to put something in Mav's stocking at the end of the year as a thank you.

From Nov 3rd....

 

[ETFoption]

From Nov 3rd....

Interesting..

Can number lines be calculated in TOS ?

 

[logicaltrader]

Well, we tested that low today and did not bounce. Next targets I'm seeing are $41.10 and $39.20, assuming we don't rally first.

Curves are flattening quite a bit today. Looks to be a solid bid here at least for now in WTI.

Couldn't get an ADn on the weekly. I am glad I didnt get hung up on the short bias. That's a $2.50 pop in less than 24 hours. Thanks to OPEC again.

 

[Maverick74]

Couldn't get an ADn on the weekly. I am glad I didnt get hung up on the short bias. That's a $2.50 pop in less than 24 hours. Thanks to OPEC again.

The action in oil will get messier as we head into the OPEC meeting.

 

[SteveM]

Can number lines be calculated in TOS ?

Probably if you are very good with thinkscript. I put something a bit simpler together that scores price & volume and provides a 10-day rolling score. PM me if you'd like to discuss.

 

[Maverick74]

CFTC reported the largest increase in net short specs in 10 years for WTI. Let the games continue...

 

[ETFoption]

From Nov 3rd....

http://thinkscripter.com/community/index.phpv

 

[ETFoption]

I use TOS and thinkscript. The programmers there will even help you write the script. You can also take existing scripts and copy and paste what you need out of there to write your own. One thing that is very impressive that is my original script was written way back in 2008 or so and despite the 10,000 updates to TOS, it still works!!!! That's pretty amazing because some of the updates completely change the syntax. A few times there some bugs and the developers over there simply updated my code for me.

hello, are you saying the acd or numberline script is in TOS or you had it written custom for you- ty