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.


Friday, July 16, 2010

$TICK

The NYSE TICK registered it's highest reading yesterday (+1700) since January 04, 2001 (which had a reading of +1791).
As an aside, January 03, 2001 registered a +2603.
Interestingly, 48 trading days earlier ("Flash Crash"), the TICK registered it's lowest reading (-1875) since Aug. 08, 1998.
Feel the fade.

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