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.

Tuesday, January 18, 2011


Crappy trades
Got short FCX before getting long.  Short entry was just above $118 and change, while the long entry was around $118 even.  My long target was the Open, but I got stopped out prematurely.

The 50% Fib. retracement of the latest impulse move held as resistance this morning.

Price has been riding the 20-day MA and still showing a bear flag.

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