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 29, 2013

Tue. 1_29

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

Breakout again:

Higher time frame showing some selling tails on waning momentum (3-push).  The 15-min showing potential 2b selling (or at least not buying) criteria

Daily showing resemblance to the past few years, price riding the upper keltner channel (2.5ATR band)

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