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, June 26, 2009
RIMM base break
After a big opening this morning, RIMM retraced a bit more than it's opening range before returning to a pre-established base. The base broke out at the $70.40 highs. The target of $71 was a resistance level of a previous consolidation range.
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