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.
Showing posts with label channel. Show all posts
Showing posts with label channel. Show all posts
Tuesday, November 16, 2010
Friday, July 16, 2010
SPY Channel
Remember the Lehman Gap?
Price does:
Price has been rotating around this zone practically since the flash crash. After building price acceptance in this zone for an extended period of time (which we've been doing) I would think an extensive move away from it (one direction or another) could be reasonably expected.
Price does:
Price has been rotating around this zone practically since the flash crash. After building price acceptance in this zone for an extended period of time (which we've been doing) I would think an extensive move away from it (one direction or another) could be reasonably expected.
Monday, June 28, 2010
Thursday, May 13, 2010
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