Yearly and monthly ACD

2020年5月5日

Here you can see how one may use 3 day rolling pivot for best entries along with yearly and monthly opening ranges. Thin 3 or 6 days rolling pivot ranges predict volatility. The ACD system of opening ranges, pivot ranges and 3 or 6 days rolling pivots was advanced by Mark Fisher in "The Logical Trader: Applying A Method To The Madness" (2002).

We saw rejection at yearly opening range (that pinbar) and now ptrice will be trending towards A down breakdown level.
By ACD rules for that level to be broken (what is the most likely scenario) price needs to spend half of the time of opening range at A up or A down level (in case of yearly OR - 2 weeks) before taking a breakdown trade.

Now we broke monthly A down level and monthly opening range acts as resistance.
For educational purposes only.

2020年5月5日

交易开始

Our previous setup was devalidated as price broke the monthly pivot range. In such conditions only shorts can be considered. In May EURUSD trades usually down (last 7 out of 10 yrs).

2020年5月5日

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