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.


Thursday, May 1, 2014

update

An update on the Gold post from earlier in the week.
As suspected, the fast line on the daily 3/10macd did trigger long, but the next day saw a tick down with a marginal loss.

However, I did mention to watch a faster time frame (4H) for a better setup that may come following the fast line and slow line orienting bullish on that time frame.  We never did get a bullish orientation, instead we saw a few potential short entries materialize.

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