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.
Saturday, July 31, 2010
just a chart
SPY 30-min with an Andrews Median Line (red lines), sliding parallels (dash teal color), and a Warning Line (solid teal trendline) being that price has failed to touch the mid-line.
2 comments:
good spotting.
an OUCH! day for TLT c'est la vie...down but not out.
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