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, January 15, 2013

Tue. 01_15

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 have a very good read on the market today.  I've trained myself not to overindulge in the markets during Options Expiration as well, so I stayed light.

Power squeeze today, closing near the highs and at the upper end of our range...prepared for a breakout

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