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
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.
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