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.


Thursday, June 6, 2013

Thu. 06_06

Choppy fu*$%ng chop.  End of day was more pleasant.  Was buying in the morning because of the 3d criteria setting up on the 15min.  The shakeout was interesting.

Breadth

Higher time frame

The buy divergence setting up on the higher time frame (65min) we'd be looking for a 3d or 3d setup on the 15-minute, like below, it got choppy but you had to stick with it, you're not going to catch any fish if you don't keep casting your lure.

ES with globex and potential entries

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