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, April 21, 2011

sucky trades

AGU from Wednesday.  Short attempt, got stopped out after putting a tight stop above the narrow range consolidation (horizontal line and up arrow).  Was good for about 30 cents, so I guess it wasn't that sucky.

VLO from today.  I had higher hopes for it, but couldn't stick around for it to work at the end of the day, so I took myself out when price came back below $28.90, which I believe gave me 7-cents!

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