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, July 26, 2011

What worked:
 3d long setup in the SPY today

What didn't work:
 I mentioned at the end of last week I was looking to get long AMZN at around the $214 level for continuation higher.  While I did get long around that level I got out once for a scratch yesterday and again (yesterday) for a loss.
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