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, December 7, 2011

some charts

SPY daily, trying to recover this "neckline"





ES consolidating under resistance.  Tried to break down today but squeezed short positions.  Can go either way as is the case when the market waits on news.

SPY today S/R levels came into play from the previous day and the lows tested prices from 12/02

at

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