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, May 7, 2014

GC update

Not going to hide the fact that the long setup in GC didn't play out.  A red fast line going forward would be a short worth considering.

Perhaps keeping watch on the faster (4H) time frame could have kept this position out of trouble.

No comments: