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, June 17, 2010

some charts

{Updated Charts}
Getting back to looking through some charts, Some of which I found interesting include:
TLT has quite the symmetrical triangle forming{updated}
broke out of it's triangle..watching for follow-through:
While the VXX has a falling wedge going for it{updated}
falling wedge still validGLD ascending triangle{updated}
Gaped up right into resistanceMarket leader AAPL looking to test $272 highs again{updated}Gaped right into resistance. I would suspect a test of previously uncharted levels, seeing if it puts in a bullish candle or a shooting star style bearish candle.
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