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.


Thursday, May 27, 2010

Just Charts

Simply for my personal reference.
RIMM was so nice today as it based on my pivot line all day before ripping into the closeDaily chart with potential resistance near-term:
POT
Relentless to the upside today once it got through it's previous congestion zone
60-min
30-minFCX has moved nearly 10% in 3 days...me thinks it could consolidate in that$73-$74 range:
those immediate pullbacks to the lower/upper median line typically play out great

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