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.


Wednesday, December 19, 2012

Wed. 12_19

Today's Trade:
A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

I didn't take any trades in the SPY today, the arrows in the chart below represent areas I would have likely considered taking a trade:

The higher time frame; Daily showing dark cloud cover candle pattern.  

I will be traveling tomorrow and my blog posts may be infrequent over the next two weeks.  
 Merry Christmas, Happy Holidays & a Happy New Year!


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