The ACD Method

The ACD Method is a trend following trading system created by Mark B. Fisher.

In brief, the ACD method plots price points in relation to the opening range. These reference points form A and C points for entry and B and C points for stops. The ACD Method calculates prices above which you would want to get into a long position and below which you want to be short.

You want to be aggressive when the market is trending. You want to buy as much as you can while the market is trending up or sell as much as you can while the market is trending down. This is the same principal expounded in the online-only book Phantom of the Pits.

The idea is to absorb liquidity when the market is trending. For example, if the market is falling the liquidity providers are buying the market. During these periods you would want to be selling the market.