Putting It Together Acd And Pivot Ranges

At this point, you've learned the basics of the ACD system, using Point As and Cs as reference points for a short or long position/ bias. In Chapter 2, you reviewed how pivot ranges define key support and resistance levels and also can be used for trade entry points. Now, we're going to put the two strategies together, using both the ACD reference points and pivot range to fine-tune your trade entry points and stop placement. By combining the two strategies, you will have a higher probability of success by virtue of the fact that you are using two indicators. This will allow you to maximize position size, while minimizing your risk.

Keep in mind that while we are using two indicators together, the more important one is the ACD. And remember, this system is symmetrical. Whatever works on the upside, also works on the downside.

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