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, September 23, 2008
gay
I just tried to short USO at $86.50 (I'm still holding USO long in my swing account). Order Rejected under terms of Reg SHO Threshold Security. How gay is that! I guess I could have went long DUG.
"go long" what? I am currently long USO at $75.27. I wanted to short as a day trade. Oh well, we have to factor in the potential for a trade not going through if it's on the short side.
Trader M.D. Good to hear from you! I'll have to keep DTO in my side pocket for future reference. It's a little thin on the liquidity side, and the spread can be a little wide, but it's better than nothing.
5 comments:
That's a scary thought....Maybe it's an opportunity to go long ?
http://displacedema.blogspot.com
"go long" what? I am currently long USO at $75.27. I wanted to short as a day trade. Oh well, we have to factor in the potential for a trade not going through if it's on the short side.
What I meant to ask was; it's an opportunity to go long what? Oil? The broad markets?
You could have went long DTO.
Trader M.D.
Good to hear from you! I'll have to keep DTO in my side pocket for future reference. It's a little thin on the liquidity side, and the spread can be a little wide, but it's better than nothing.
-todd
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