ACD trading By Mark Fisher - Traders Hideout | futures io social day trading
futures io futures trading


ACD trading By Mark Fisher
Updated: Views / Replies:117,998 / 519
Created: by incometrade Attachments:163

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 163  
 
Thread Tools Search this Thread
 

ACD trading By Mark Fisher

  #361 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received


Shamal View Post
I'm new to ACD and was wondering, if by wonderful chance, I've just been shown ( S&P) a late day point C pivot trade, starting yesterday around 3 PM , hold overnight, and sell after the news at 10AM?
Any comments?

1) That will be right way to trade late day C up. However, there is 8.30 am US GDP numbers due, so lot can happen.

2) Es daily resistance was 1330- 1333.50. Easier trade was failed A up this morning. One just had to short 1329 with a stop loss at 1334.

ES gives more failed A down and failed A up then any other instrument. First 14 days trading days of this month- the only trade to get paid had been to get long at failed A down. Just amazing.

I do not trade ES much but these statistics have made me a FAN OF ES .

Reply With Quote
The following 2 users say Thank You to mfbreakout for this post:
 
  #362 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received

ACD


bluemele View Post
Bravo, much cleaner!

I hope to see charts from other members of whatever they are trading. I am here to learn.

Reply With Quote
 
  #363 (permalink)
Elite Member
Victoria BC/Canada
 
Futures Experience: Advanced
Platform: Investor RT, Ninjatrader,
Broker/Data: DTN/CQG/Rythmic
Favorite Futures: ES ,Currency Futures, Oil , Gold
 
Posts: 40 since Nov 2011
Thanks: 95 given, 29 received

Late Day Pt C


MF: Thanks for the reply, i just happened to notice it while working my way through the system basics. I know ES is a tricky one to hold over night on a short term trade with GDP coming out. One move I see all the time is 3 Pts before the news, and it happened at 7:30 and 9;30 AM today. They run ES up to give some room if the news is bad, and the fund managers can't short their mutual accounts, so need an up move to get some points, notice the reversal after the 10AM news . Do you notice the stall in CL before the news and at the oil reports on Wed?
Thanks for posting.

Reply With Quote
 
  #364 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received

ACD


Shamal View Post
MF: Thanks for the reply, i just happened to notice it while working my way through the system basics. I know ES is a tricky one to hold over night on a short term trade with GDP coming out. One move I see all the time is 3 Pts before the news, and it happened at 7:30 and 9;30 AM today. They run ES up to give some room if the news is bad, and the fund managers can't short their mutual accounts, so need an up move to get some points, notice the reversal after the 10AM news . Do you notice the stall in CL before the news and at the oil reports on Wed?
Thanks for posting.


Only set up I know of ES is failed A down and A up. Place the trade, in case of failed A down and do not touch it till it hits OR high in terms of covering position . It also depends on how wide OR is. At where OR settles is by no accident. It gives lot of clues.

Reply With Quote
 
  #365 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received

ACD

Nothing exciting has happened except TRADING BOX is intact. It may either break to the up side or to the down side. So far last short at 1.13 pm has not stopped me out.

Attached Thumbnails
ACD trading By Mark Fisher-2012-01-26_1320_lunch.png  
Reply With Quote
The following user says Thank You to mfbreakout for this post:
 
  #366 (permalink)
Elite Member
austin, texas
 
Futures Experience: Intermediate
Platform: ninja trader
Favorite Futures: currency futures
 
Posts: 508 since Jan 2011
Thanks: 14 given, 231 received

Entry on ACD

You all have been so kind to make this ACD a thread I went out and bought the book.
I have one question that I am not understanding, maybe someone can help me, who has read the book.
After a good "A" set up either up or down. How do you enter after the set up is valid. Do you just enter on bar close or is there another entry method or is it up to the trader. Just want to make sure I am not missing something and if I am could someone enlighten me.

Thanks
Hector

Reply With Quote
 
  #367 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,598 since Mar 2010
Thanks: 4,222 given, 25,352 received
Forum Reputation: Legendary


mfbreakout View Post
I hope to see charts from other members of whatever they are trading. I am here to learn.

Have not traded today, but I will try to show how the noise bands can be used as an alternative to the ACD breakout concept.

Noise band: Everything inside the noise bands is just noise, that is testing market imbalances without commitment.

Volatility band: The volatility band is based on the range expectation (as average per last 10 and 20 days) for each session.

Noise bands and volatility bands can be used for both ETH and RTH session. The chart below shows how well behaved CL 03-12 was today. You could have taken countertrades off the noise bands, before trading the afternoon breakout and exit, when the volatility target was reached.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
  #368 (permalink)
Trading Apprentice
Philadelphia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES, CL, GC
 
Posts: 17 since Dec 2011
Thanks: 2 given, 1 received

@hector24

That really depends on where the market is at when the point A is confirmed either up or down. For instance, if the the A up point is 100.50 the market may be at 100.80 when its finally confirmed. In that case you may want to hold out until the market comes back a little bit. A ups and downs give traders a directional bias so if you get long at 100.80 and you believe that it is going to be an up day then you are essentially cheating yourself out of ticks.

It think mfbreakout might be able to shed some light as well.

Reply With Quote
 
  #369 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received

ACD

Final chart of the day 01-26-2012. Sharing these set ups in the SPIRIT of my trader friend who showed me these set ups without any EXPECTATIONS.

He tells me he did learned a lot while showing me what he knows.


Premise of the day was based off:

Market did not answer the CALL after 30 minutes of trading. If it does not go up, it must come down

Attached Thumbnails
ACD trading By Mark Fisher-2012-01-26_1436_final.png   ACD trading By Mark Fisher-2012-01-26_1452_mp.png  
Reply With Quote
 
  #370 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,230 received

ACD


I got a PM that I am making trading look so easy (lol). He/She thinks my levels SEEMS to GOOD to be TRUE. I do not know how to respond to this but I will try.

Today turned out to be an EXCEPTIONAL DAY. Some days you are just in the ZONE. I do work very HARD to identify Support/resistance. I subscribe to MF daily service, i look at lot of charts - just crude though. I do not want my attention to be diverted. After all this, i do get stopped out 3-4 times a day.

Plus I have been trading crude exclusively for little more than a year.
There is nothing SECRET about my trading beyond what is shown in MF book and Jim Dalton Book.

To top it off, i have about 5,000 hours of screen time just trading CRUDE ( SIM and LIVE).

I hope it answers your question.

Attached is another chart for traders with mathematical inclination courtesy of a friend. I do not understand 1/2 things on her chart as it does not fit my personality but i trust her work along with MF work.

She also had 99.25 as KEY level.

01.25.2012-15.54.31 - structuraltrading's library

Reply With Quote

Reply



futures io > > > ACD trading By Mark Fisher

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

July Journal Challenge w/$1100 in prizes from TopstepTrader

July
 

An Afternoon with FIO member Softsoap

Elite only

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Extended Ask Me Anything w/Brett Steenbarger

Elite only

Prototyping Python Strategies (part 3) w/Ran Aroussi

Elite only

Brannigan Barrett w/Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fisher for NT7 zt379 NinjaTrader Programming 39 September 15th, 2015 06:40 AM
Fisher Transform - a sample size problem? drolles NinjaTrader Programming 16 March 15th, 2011 07:06 AM
Arrows to mark trade entries and exits? plethora ThinkOrSwim Programming 1 March 3rd, 2011 09:47 PM
how to mark unread post read? RiskControlMaster Beginners and Introductions 11 January 1st, 2011 08:24 AM
Fed Needs Fiscal Help to Boost Economy: Fisher Quick Summary News and Current Events 0 October 18th, 2010 09:50 AM


All times are GMT -4. The time now is 08:45 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-07-21 in 0.16 seconds with 20 queries on phoenix via your IP 54.156.32.65