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 1, 2011

A 3d setup I was watching yesterday afternoon in POT.  I was actually short as it broke down from the ascending triangle and covered for about 30-cents.  Didn't trade the long entry as I felt like I would have been chasing as it blew through vwap and I ended up not revisiting at end of day to  miss a great continuation move.

Speaking of 3d, here's one that set up on the daily in SPY.

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