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.

Thursday, December 9, 2010

setting up for something

SPY intraday has formed an inverted roof pattern

 Patterns within patterns.  These intraday inverted H&S patterns never achieved their measured moves.

Whichever direction it breaks out, the measured move comes out to about 1-1.5%

1 comment:

hypr said...

The roof is on fire!! Tha roof is on fire!