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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Friday, July 30, 2010

AKAM Falling Three

The Bearish Falling Three Methods has been seen before on this weekly chart:Previously, after forming the pattern, price retraced 62% before the continuation move followed:It would make sense in this case for price to attempt a test of the earnings miss clear air

1 comment:

The Average Jay said...

Nice eye. thanks for the chart I'll keep a watch on this. Enjoy the weekend.