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, October 6, 2010

quick scalp

AAPL on Verizon news

Big momentum breakout, retrace, continuation.  Entry at the zero-line (area where traders that were holding profits saw said profits return to zero).  TONS of $$ left on the table :/  Stop acting off of the 1-min chart!!

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