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.

Wednesday, February 18, 2009

Ug... unbelievably nasty market environment today. Choppy and messy, with the late afternoon jumping around sideways. After 1p.m things just became a mess. Price rallied late in the morning back up to the open (coinciding near Pivot Point) where selling ensued (similar to yesterday) take note of a bearish divergence. After going short here you were whip right out of a position with the nastiness that ensued right after 1pm.Though, if you were basing your stops on a 15-minute time frame you may have endured

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