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.
Wednesday, July 31, 2013
A key for the above (5-min) chart to define the horizontal lines and dots. For further explanation, see this link:
Arrows on higher time frame indicate anticipatory trades that are entered using the faster time frame.
Higher time frame, no resolution, but potential weakness in today's close
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