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ACD trading By Mark Fisher
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ACD trading By Mark Fisher

  #181 (permalink)
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So your goal is to survive 80% of the days and take big profits 20% of the days?

I will not call 100-200 ticks days survival. By battle, I meant, CL trades in a rotational market ( Auction type trading) 70-80% of the days. So, one has to battle it out and has to be very patient wit set ups. When one trades one way 70-80% of the time, it is very difficult for day traders ( at least for me) to turn the switch on differently on trending days.

By the time trend is set, CL is typically down 100-200 ticks with few pull backs. A day trader like me who trades with 10-15 ticks stop loss find it difficult to find an entry. That's the challenge. I prefer Monday type of trading days more vs trending days.

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  #182 (permalink)
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ACD

Pre market thoughts for 12-20-2011

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ACD trading By Mark Fisher-2011-12-20_0657_pre_mkt..png  
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  #183 (permalink)
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mfbreakout View Post
Pre market thoughts for 12-20-2011

1) tried 1) short 96.90 with stop loss 97.21. + 30 ticks.

2) A up confirmed @ 97.50. Price is at a level where quite a sell off started last week. short 97.54. stop loss 97.71. cover 96.80. + 70 ticks. Had to wait 40 minutes to get paid.

Done for the day.

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  #184 (permalink)
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mfbreakout View Post
1) tried 1) short 96.90 with stop loss 97.21. + 30 ticks.

2) A up confirmed @ 97.50. Price is at a level where quite a sell off started last week. short 97.54. stop loss 97.71. cover 96.80. + 70 ticks. Had to wait 40 minutes to get paid.

Done for the day.

But that were not any breakout trades, just countertrend trades as CL was already overextended. I guess that this has nothing to do with the ACD method of Mark Fisher. Also I do not see, how A up was near 97.50.

Below are two charts.

Chart 1 shows the 45 min opening period with the A up at 97.25. I would never have taken that breakout trade.

Chart 2 shows the upper breakout point at 96.60 and the target band around 97.00.

Attached Thumbnails
ACD trading By Mark Fisher-cl-02-12-5-min-20_12_2011-chart-1.jpg   ACD trading By Mark Fisher-cl-02-12-5-min-20_12_2011-chart-2.jpg  
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  #185 (permalink)
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@ Fat Tails

Is ACD method like value area? havent read all threads.

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  #186 (permalink)
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Rad4633 View Post
@ Fat Tails

Is ACD method like value area? havent read all threads.

A, B, C & D are breakout and stop levels calculated from the opening range. For details see Mark Fisher's book "The Logical Trader".

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  #187 (permalink)
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@Fat Tails

I have used your opening range anaopeningrangV3 to do break outs off of.....So do you have another template for using the ABCD breakout,if so where? It works didnt know there was a technique using it. Im a little slow,lol

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  #188 (permalink)
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@Fat Tails

I have used your opening range anaopeningrangV3 to do break outs off of.....So do you have another template for using the ABCD breakout,if so where? It works didnt know there was a technique using it. Im a little slow,lol

Did you simply try the noise bands? I prefer them over the ACD magic.

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  #189 (permalink)
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@Fat Tails

No I havent used the noise bands or know where to find them(looked in Elite and advance search),can you send me the post or link.... Many Thx In Advance

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  #190 (permalink)
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Rad4633 View Post
@Fat Tails

No I havent used the noise bands or know where to find them(looked in Elite and advance search),can you send me the post or link.... Many Thx In Advance

https://futures.io/download/ninjatrader-7/indicators/750-download.html?view

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