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, October 25, 2011

4 shakeouts

4 trades, all for roughly break-even. Posting this for posterity's sake. The setups were a 4c continuation short (a small profit), a triangle breakdown (shaken-out b/e), a 3d long entry (covered commissions) followed by a short entry once the 3d criteria rolled-over (closed the trade for a small profit b/c I was frustrated & exhausted).

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