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.
Showing posts with label 2b-1a. Show all posts
Showing posts with label 2b-1a. Show all posts
Tuesday, May 7, 2013
Tue 05_07
HIgher time frame, watching potential momentum roll-over
ES with Globex
Higher time frame ES with globex
Thursday, April 11, 2013
Thu. 04_11
Going to just include the important price points on the 5minute chart
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
ES w. globex
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Opening Swing and first hour of trade
Breadth - Neutral to negative Volume
ES w. globex
Volume Profile -
Tuesday, April 9, 2013
Tue. 04_09
today's trade
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
Today's Opening Swing - Open Auction Out of Range (OAOR). Traded around the ptre-market range midpoint before selling lower
Breadth - neutral to start. Break-out from zero-line coinciding with price recovering the Open and Opening swing range.
trades - 3 total, two long one short. Captain Hindsight says that I shouldn't have scaled out of my initial long position, rather I should have added.
SPY with premarket and higher time frame 3/10macd
Volume Profile - Today's 'Day Type' being a Double-Distribution Trend Day. Buyers supported the confluence of low volume nodes (LVN's). Value built around a previous High Volume Node (HV) from April 3rd. The breakout of the IB_high later in the afternoon brought a move back to April 2nd's LVN and beyond while also building value around the 4/02 VPOC.
The current cycle is (obviously) going at a faster rate than our previous cycles, twice as fast actually
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