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.


Monday, October 13, 2008

wow

Pretty awesome rally at the end of the day there. Wish it would have had some big volume to go along with it. As of the close we are 1525 points from Friday's low on the Dow. That's pretty amazing.
Take a look at how nice and smooth QLD traded today on the 5-minute. Some sweet spot set-ups to be had.Looks like we can attempt a try at the gap fill on the daily.

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