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, October 12, 2011

50%

3/10macd is registering its highest bullish reading since March of 2009 exceeding the previous reading from August 31st (still a reverse divergence, it will be a reverse divergence until it surpasses the Aug 31 swing high).  

Currently look to be in the 3rd push on waning momentum

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