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, December 4, 2013

Gold

Monthly/weekly (below left, right) -  Has the potential for a sharp rally if this double-bottom holds.  Slight buy divergence on the weekly and longer term inverted head and shoulders pattern.

Daily - Would be preferable to see momentum on a (daily) fast line turn to positive.

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