Here's another one for you:
Does anyone see a rounding bottom taking place?Any guesses on what chart this is?
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.
4 comments:
Hi,
Chart looks like SRS one hour timeframe. Read your blog daily. Keep up the good work.Found alot of sell short signals on real estate reits.
jb58
ding! ding! ding! ding! ding!
We have a winnah~
Thanks for your response jb58
Spot on, SRS 60-min chart.
Maybe next time I do this I'll actually include a prize for the correct answer. Lord knows I have plenty of trading books I could get rid of :)
-todd
REALLY, Todd???? You don't say!! LOL!
Not that I haven't gotten anything of value from the books, just that I could certainly lighten the load.
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