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, April 26, 2011

a lot on the table

Started the day with old nasty habits creeping back in (shorting strength and not taking my setups) but made it all back in VLO, where I then proceded to leave a lot on the table.  Not sure why I didn't get back in though after the consolidation at the 50% retracement for a target of the Open.  Got in under vwap and out at $28.90.

I got in long on X just before the 1:00 hour, got out with a small loss and then re-entered long after the 3d setup triggered.  Short and quick target to vwap.
Other trades today were marginal.

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