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.


Monday, October 13, 2014

Mon 10_13

Lowest selling momentum since 2012.  Trend intact.  Coming in to support.  $182, $177, $169.  $192 above.

'3d' criteria setup on $GC Daily time frame.  Initial target 1245.50.  $1273 above big supply zone.

Monthly potential for 3d criteria setup (would need to see the weekly fast line turn positive).


$CL_F
 Largest daily negative momentum since Jan 2014 at a 'double-bottom' point.  $81.50 at lower edge.  $90 first above.

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