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 email@example.com
I am always open to questions, comments, or suggestions on how to improve this blog.
Tuesday, October 28, 2008
I wasn't able to be attentive to the computer today...go figure. The rally everyone is waiting for and expecting and all I can do is look at parabolic charts after the fact. Unbelievable. Whatever, had I been able to actually trade I could have ended up being the only shmuck losing money today. Perhaps it's a mixed blessing. So, where do we go from here? Do we sell the Fed announcement tomorrow? It's all a mess isn't it?