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, January 20, 2009

AAPL

AAPL reports tomorrow and it's stock price seems to just be waiting for the news. Sitting right at support, it looks like it's just going to roll over (the weekly chart looks more telling), in which case we could easily see the $50 range soon enough.
DailyWeekly

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