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.
Monday, April 1, 2013
Mon. 04_01
today's trade
A key for the above chart to define the horizontal lines and dots. For further explanation, see this link:
5 min ES with globex. Subgraph 1 = 15m 3/10macd, subraph 2 = 5min 3/10macd
SPY 65min showing 2c-2d while 15min showing 3d, typically a long setup (with 15m fast line going green). Needs above $156.30
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