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, December 20, 2014

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trigger; positive fast line on weekly time frame in order to anticipate the higher (monthly) time frame setting up a 3d criteria long setup.  $54.30 stop seems wide but it is a larger time frame.  I'm not a fan of the setup being that it's a red candle in a predominantly bear trend, but you have to wait it out and gauge momentum.


Gold has been oscillating around it's midpoint for 18 months now.


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