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, March 11, 2009


A consolidation off of yesterday's gains. SPY gapped up to R1 pivot, formed a triangle in the first 90-min before breaking down. We did find support off of yesterday's resistance that also coincided pretty closely to our 50-EMA on the 15-min chart.The daily candle left on the SPY doesn't look very good here; bulls are going to have to step it up tomorrow.Hope someone out there caught the gravestone doji in FSLR this morning; 'twas a beauty

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