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.


Saturday, May 3, 2014

weekly

update on weekly charts
SPY and DIA have triggered a potential long entry, keeping in mind that the traded time frame (upper macd) has a Fast Line < Slow Line and therefore warrants caution for such an entry.


IWM and QQQ haven't triggered for these time frames


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