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The last time I had a chat with Ace, he said his team was working on another strategy and were forward testing it. He also said he has a great group of loyal followers and isn't really promoting his material at this point.
Somebody already sort of shared the keys - not a direct Ace subscriber, but a friend of someone who was. There is a non-disclosure agreement that subscribers are required to submit, which the friend may not have known about. However, Ace is no different from any other vendor who expects to get paid for their material, and I think that should be respected.
With that said, since he is not actively online, I would look at your basic market structure tools and number or name them for yourselves, and that will give you a pretty good clue. Another hint - look at what happened yesterday. Look at what happened overnight. We should be doing that anyway. Some may also think in terms of a moving average or trendline as a couple additional tools. And most of all, when you're creating strategies around these basics, keep it simple and repeatable. I will leave it at that as I am not going to break my agreement, but there is really no mystery here. Value, YES!
If Ace lets me know he is opening up another service, I'd be happy to let everyone know.
I believe I got the attached picture of a chart during a trial back on 2018.
Can you tell me how to calculate the Cyan color bands?
Also how to get the bunch of magenta color lines?
Thanks
JT
TWYS NWYT(Price Advertises Opportunity; Time Regulates it; Volume Measures its Success/Failure ---- Dalton)
AceTrades was looking to sell out several years ago. Kevin mentioned being purchased by some students (he had 65 full time students, lifetime members, as of 2018), but it was complicated.
I was also approached about buying the business in 2019 since he wanted to concentrate on other business ventures.
Buying the business would have been very complicated for just about anyone, so it looks like he prolly gave it up.
Sorry to see him go. I made Ace's Method work and he changed my trading for the better, but it wasn't easy, and others didn't fare so well.
Oh criminy, I forgot to mention that I solved an enduring mystery here on Futures.io.......
Last time I spoke with Ace, I mentioned the name of David LaCroix, and Ace flipped out, "Wow!!! He's an old student of mine from the early 2000's!! Tell 'em I said 'hi' next time you talk to him!".
David LaCroix is HT with Leading Edge Trading.....
Ace is actually, (last I spoke to him), pushing 70 years old and looking to retire. He wanted to turn the business over to successful students so that they could carry it on.
HT (David LaCroix) of Leading Edge Trading fame, is a former student of Ace Trades from 2003 (or thereabouts), and is also looking to retire.
So no, Ace didn't join HT and Leading Edge Trading.
I also agree the posted chart is not an Ace trades chart.
I have said before, his material is not unique necessarily. What made it work was how he put it together (keys) in an easy way to learn and remember, he kept it simple, and he fostered confidence.
In other words, some things are just common knowledge and available everywhere online. For this reason, I will share the following link: