A continuation off of yesterday's post with a trade in GOOG.
I may have gotten chopped up on an entry prior to the one taken (around 9:30), but I didn't get to it in time.
Later in the afternoon the 2d trade set up, but the entry bar was extended and so close to the first target it didn't seem worth the risk (I wasn't around to take this trade anyhow).
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.
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