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, August 8, 2013

updated

Update from yesterday's post.  Things played out on the faster time frames.  If we're looking for the Daily 3/10macd fast line to tick up and begin the next buying wave it is then imperative now that the 130min chart (B)  follow through tomorrow, if it moves back down (the "Z" in an 'XYZ' wave) then we could be looking to trade lower.  It seems like we'll know which direction momentum will go on tomorrow's Open.

at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)