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 futures. Show all posts
Showing posts with label futures. Show all posts

Monday, May 24, 2010

Crude & Gold

Crude seems to be losing steam on it's "bounce"Gold is curious. After putting in a 2-b top, price put in a higher low & higher close today.
Watching to see if it tests $1220 and whether it shows a lower high, or recoversTreasuries (TLT)
put in 2 lower highs, with a close less than the Open

Thursday, May 13, 2010

Stay Tuned...

{updated} Breached support, tested, failed:

...for the Euro is at quite a precipitous level....will update the later as it develops. To go back and look at the progression of this chart take a look at this embedded link.
Here's a weekly look:

Wednesday, May 5, 2010

updates

Some updated charts following off of previous posts this past week using the Andrews median lines as trend strength/weakness and potential target levels.
Starting with the broad indexes:
SPY-
ES- YM-NQ-

EC- Euro futures - first the weekly perspective where that 1.25 level is looking awfully tempting.and more recently, a broad perspectiveand a closer up perspectiveFinally, the Dollar Index-