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.

Saturday, July 17, 2010

charts to look at

Symmetrical cycles in FCX, potential rounding base. Also, potential 3-pushes to a bottom (bullish wolfe wave) setup:
POT broke out of an intraday pennant on Friday. Measured move is only a retest of the $98-99 range. SPY levelsMost recent SPY pitchfork setupsRIMM, $52 has price support which coincides with a 50% Fib. retracement, but under that A LOT of clear air

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