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
I am always open to questions, comments, or suggestions on how to improve this blog.

Tuesday, September 9, 2008

die already!

The NYSE Cumulative TICK spent most of the day in negative territory today. Stubbornly price was being bought at support levels most of the day. Eventually we got a sweeping move down, the DJIA barely closing yesterday's gap.
I defer the discovery of all meaning behind this week's price action in the markets to here,
or here.
Oh yeah, I sold my position in NWL for a slight gain. Hindsight would have seen me closing out at the top of the morning, but it didn't happen until mid-day.
I missed trades in QLD as my bids weren't hit on my entries. blah!

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