1) Good to hear you are exploring ACD method. I will answer questions once you read the book.
2) The daily levels are from Global Research - an independent firm- which MF firm uses. I have been a subscriber for some time but i did not understand the levels for 1 year as i did not understood the concepts in the book well enough. These are not MAGIC levels. As we saw into close they broke 101.90 and CL sold of from 103.48 to 101.67 in 30 minutes. One can get hurt seriously, if not careful with CL.
3) It will take couple of reading and at least 2,000 hours of practice to get a handle on it. Otherwise, it is difficult as i tried to help 4 friends and they blew up accounts as they did not wanted to spend time practicing ACD method.
It may take you less hours if you are already a profitable trader for at least 6 months with whatever method you are using.
@rw7117 don't put a space after @ symbol to mention names correctly.
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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Nothing has changed except Mark Fisher takes cash close vs pit close for oil, gold etc.. Also, it's good to know market profile concepts. Big money tend to move prices from middle of one bell curve to the next. I only trade crude oil, so if you have any questions fire away.
what are you using to color your bars and to color your volume chart? looks like red for volume impulse down and blue for volume impulse up ...also what is the indicator on the bottom if ya dont mind sharing i assume that is what creates the colors...