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.


Tuesday, May 17, 2011

OpEx week

Mixed bag this pre-OpEx week.  Strength in POT today, showing a great example of trend alignment; bullish Moving Averages, 3/10 macd slow line trending all day long with barely a negative fast line print, while the 5-min chart shares the same qualities.  Trend day in a mixed market of mostly weakness.
ANR - got dick-wicked and didn't get back in :/
AGU - came later in the day and didn't amount to much
AAPL - THREE 3d setups over the course of the day, 2 of which didn't have an adverse move against entry
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