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 15, 2013

Mon 04_15

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

Volume profile going forward (note: price levels indicated are NOT precise, most data feeds may reflect discrepancies).


Interesting development here in the IWM.  Weekly showing bullish trend with 2c 3/10macd criteria.  Looking for a 3d-3a criteria on the daily before entertaining longs on that time frame.  Would be healthy on the higher time frame to fullfill the daily H&S pattern

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