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.


Wednesday, July 28, 2010

short setup

Along the lines of a previous post, here's a similar setup in VMW today:
Price is within a range with established Support/Resistance levels
Price broke down once buying interest waned, ideal entry is on a mini bear flagend of day update
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