The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Friday, September 5, 2008

What Can I Say....

...I got nothin' again. For some reason I have been completely unsure of what direction to trade. Either I'm too late coming into a trade and therefore don't want to chase it, or my confidence ahead of a move doesn't allow me to jump in. So, I'm in the process of regrouping. I like the chart on NWL for what it's worth (bull flag after a V-bottom, and they're in the process of cutting jobs).
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