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- deepleo replied Dec 28, 2007
Donagh, Even though this week being a holiday week ACD did give good signals and entries. Today A-Down at 225.92 made 162 pips. I had a power outage and couldn't take it. But no worries..we have next week. Thanks and have a good weekend PS: I tried ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 28, 2007
Fisher says, price has to be above or below the A level for at least half of the opening range time.
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 28, 2007
Yes, it was. I missed it.. as my PC turned off for automatic updates..
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 27, 2007
Scott, Yes, you are right! Thanks for correcting. Regards DL
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 27, 2007
Today's ACD Setup — Opening Range: 226.24 - 226.88 [9:00 - 9:30PM] Pivot Range: 227.45 - 227.19 A-Up: 227.20 A-Down: 225.92 Donagh, I switched to 9:00-9:30PM open range. Read the book over the holidays..skipped Macro ACD chapter as it's a ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 27, 2007
Same here..closed GBPJPY at -25 pips. 8:30am USD image Core Durable Goods Orders m/m -0.7% The drop could be the result of terrorist attack and this news too as USDJPY dropped 109 pips.
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 26, 2007
I think it's 56. [Donagh, please correct me, if I'm wrong]
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 26, 2007
Preview of 'The Logical Trader' — Here's a link for the preview of the book. url Note: Seems to be working in Firefox only.
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 24, 2007
Very impressive! Because many markets are closed this week so there would be very thin movement. Merry Christmas & a prosperous new year !
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 23, 2007
Closed Long entry from friday at 226.34 [+95] because 30M 200SMA and 1H 100SMA resistance at 226.55.
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 23, 2007
Donagh, Thanks, I'm planning to close my positions at 5:00PM EST from this week, if my TP/SL has not reached by then. Regards DL
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 23, 2007
Poocher, I just had a glance over the above method and it seems to be using another indicators for confirmation. I did have indicators on my chart for further confirmation like RSI etc. before getting into this method and now I got rid of them all. ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 21, 2007
Donagh, I ordered the book and I'm getting it next week. Thanks again for a non-cluttered method, I was looking for a 'Once a day' method and I hope the book might help me understand it more clearly. Have a great weekend. Thx DL
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 21, 2007
Tokyo Open Long Entry — Missed the long entry at 225.25 but got in at 225.39. Moved SL to BE at +50 [225.89] Still open with +100 at 4:00PM EST [My broker frozen before I could close the trade] Happy weekend all !
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 21, 2007
Failed A down — Donagh, There was a Failed A down with 9:00-9:30pm EST range at 224.35. Pink/Short line is 224.36. First arrow: Failed A up with Tokyo range Second arrow: Failed A down with 9:00 - 9:30pm EST range Please correct me, if I'm ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 21, 2007
Donagh, I'm sorry, If I've confused you. I just wrote down the ranges for the Tokyo open and your TF. I'm in no trade yet. Now let me ask you a question, there was a Failed A up with the Tokyo ranges at 9:30pm EST..Do you enter Short immediately at ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 20, 2007
Tokyo open [7:00pm - 7:30pm EST] Range: High 224.67/Low 224.41/Long 224.99/Short 224.09 Failed A up. 9:00pm - 9:30pm EST Range: High 225.06/Low 224.68/Long 225.38/Short 224.36
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 20, 2007
Donagh, Congratulations on another great trade. I was thinking of keeping the trade till the US close but as the saying goes 'Old habits Die hard'..I need to kill mine. Regarding the fibs..technically yes, they are at same price levels in any TF. I ...
ACD Method on GBP/JPY One trade a day
- deepleo replied Dec 20, 2007
Break Even at +50 pips [225.00]. Closed at 224.76 for +80 as it hitting 61.8 fib on 30M and also GBPUSD reached the fib line in 30M/1H/4H TF.
ACD Method on GBP/JPY One trade a day