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 3d.. Show all posts
Showing posts with label 3d.. Show all posts

Monday, September 26, 2011

another

3d entry in POT
Took the 2nd up-arrow as the entry at the 50% Fib. retracement didn't fill.  Left with the feeling of chasing price is never fun, but my stop was only 20-cents.  Exits taken at exactly the 50% & 100% projections.

close enough

To a 3d long entry today in AAPL
Entry was at the 50% retrace of the initial impulse (second up arrow).  First exit was taken at the Open price (don't know why I didn't just let it play out).  Second exit at end of day as it tagged the 100% projection.

Wednesday, September 14, 2011

add-on

Forgot to include this in the previous post, but here was another example of the 3-pushes to a low setup in GS intraday:

Monday, May 9, 2011

not much there

Slow and quiet day with a one-move wonder long.
A 3d setup in QCOM

A similar setup in RIMM later in the day (got stopped out)