If I look for nothing else, the 3d setups should be it:
- Stable trend on the 15-min 3/10 macd slow line as the fast line corrects into it.
- Enter on a trigger of either the 5-min 3/10 macd slow line ticking up (aggressive) or turning positive.
GS
POT
The only one of the three that I actually traded and for some unknown reason I actually baled on this trade! Have no idea why I got out, no idea.
FCX
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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