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
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Wednesday, September 23, 2009

Fed day sold

A lackluster rally after Fed announcement led a sizable sell-off. We have to see what happens the rest of the week to see if dip-buyers step in.
The first shoe to drop this morning was the energy sector (XLE).Our intermediate trend was breached late in the day

ridiculous volatility on these Fed days

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