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.


Tuesday, April 8, 2014

Tue 04_08

SPY - the Daily 3/10macd could be putting in a 3d criteria setup.  Many other indexes still have a positive Slow Line.

DIA - So long as the Dow remains over 16,000 it looks like it is building a base around the 2013 closing price and 2014 Open price area

QQQ -

IWM
 IYT - A lot of overhead supply, but the slow line still remains positive on the daily (making the hourly open to buying setups).
 XLF - holding support
 EURUSD
 4H ES -

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