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, July 14, 2009
NRc
A narrow range consolidation day. Not much to say about it, tomorrow could show us how much conviction the bull camp has, as we're at a level to pop or drop from.Market Profile shows us a tight range "fat body" similar to an nr7 candle. I'm going to have to do a more in depth post on the market profile at a later time. If you're too anxious to wait, go get your hands on the book Makets in Profile by James Dalton.
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