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, March 12, 2014

Wed. 03_12

A couple of long triggers on the close


Not so for the DIA and SPY.  DIA could be setting up a much larger move if it consolidates in this range for a few more weeks.


The trigger in IWM seems sketchy to me, though quite honestly, being that the daily time frame has a fast line < slow line makes all long triggers less tolerant to adverse moves.  IYT being the strongest of the bunch.


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