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, November 8, 2011

2c long, 2b short

  The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it.  I use this criteria as a way to alert me to an existing condition of price.  I trade the 15-minute time frame with the 5-minute to trigger me into a trade.
  The 2c setup again, as presented in previous posts, here & here
  Things to look for; Reverse Divergence on 15-min.  Inverse Head & Shoulders, possibly a 3d setup on the 5min chart with a seed wave price pattern.

GLD presented the 2c long setup as well, but then rolled over giving a 2b short setup.
  Look for the 4c-to-4d short setup on the 5min chart that coincides with a trend line break.

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