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, September 11, 2012

Previous Post

It has come to my attention that some people don't like to use the internet for one of it's intended purposes; searching out information.
So, with that in mind, I'll refer you to specific links that explain what the abbreviations mean that I used in yesterday's post.

IB_high/low - IB stands for Initial Balance, read about it here

o/s_high/low - O/S stands for Opening swing.  It's something used on the E-mini, but I find there to be an equivalent in the SPY.  You can read about it here.

o/n_high/low- o/n stands for overnight, can also be referred to as pre-market or Globex session.  I'll let you Google that one on your own :)

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