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 can be contacted via email at toddstrade@gmail.com
p.s. 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.


Thursday, March 18, 2010

nothin goin on

Not much to say...the only observation I have at the moment is a potential bearish Wolfe Wave in the intra-day DIA:The large volume surge into the #5-point "sweet spot" fits the MO...whatever. The target would only put it to a gap fill left from Tuesday's gap up.
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