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, June 23, 2010


FCX sold off Monday's gap up and needs to recover previous support. Buyers stepped in at the lows and continuation to the upside could give us an inverted Head & Shoulders pattern.Look how far back this support/resistance zone extends:Watching to see how much supply is at $66, reclaiming support there will be telling imo.

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