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.


Saturday, February 9, 2013

Gold monthly

Curious to see how Gold develops going forward from this point.  Previous consolidation phases averaged about 18-months, currently the count for this month

The weekly seems very bullish if it can break out from this current channel (which would pull the 3/10macd fast line positive

Current price structure looks like a cup w/ handle pattern

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