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 up ahead. Show all posts
Showing posts with label up ahead. Show all posts

Saturday, July 17, 2010

charts to look at

Symmetrical cycles in FCX, potential rounding base. Also, potential 3-pushes to a bottom (bullish wolfe wave) setup:
POT broke out of an intraday pennant on Friday. Measured move is only a retest of the $98-99 range. SPY levelsMost recent SPY pitchfork setupsRIMM, $52 has price support which coincides with a 50% Fib. retracement, but under that A LOT of clear air
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