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.


Tuesday, June 23, 2009

sideways

Not much to comment on for today's session, aside from my previous two posts from today. A very sideways day where the SPY just barely moved within a $1 range.
I'm not really sure what to expect for tomorrow in terms of direction. It is a Fed day though which could give us more sideways behavior until 2:15 EST. So, all I have for this evening is some chart porn and where we stand in the SPY.

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