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.


Friday, February 28, 2014

weekly

Most hit their 3rd targets



 IYT - Stopped out for a loss then re-triggered on today's close, initial target indicated, but could go for a gap fill
 XLF - also triggered a long entry on today's close.  Being that the weekly and daily have a fast line < slow line I would be cautious.
All weekly trends are still very strong.
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