I just woke up, did I miss anything?
I don't really have much to say about today. A typical sideways consolidation day after a strong prior day up. Nothing has been resolved regarding this range we're in, and things can go either way from here.TBT looks like it should be back in play next week.$51 looks to be acting as resistance and I will be looking for a move to $52 (at least) on Monday. The Daily chart looks ready for a correction, as price seems to have found support.
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 firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.