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 toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Thursday, November 11, 2010

playback of the week

Working on the quality at the moment

video

It's important also what came before this move....more momentum:
Important aspects to take away from this:
How price reacts within a range, especially after a momentum move.  Notice in the playback video after the morning impulse, price oscillates within a range before breaking out further.
Know your place in the range

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