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, November 10, 2008

QID

Long QID today...watching for the 20/50-EMA crossovers and buying the pullback. I'm messing with loading the pre- & post- market data into my charts which give sooner entries (but could perhaps lead to whipsaws on choppier days).
Here's the entry using 24-hours of market data:
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