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.

Wednesday, September 28, 2011

Follow the Volume

Price broke down from its triangle/flag/whatever. It has since retraced to test the breakdown point and, seemingly, failed today. By Friday we will likely have a decisive momentum move.

A bullish outcome still has a chance, but the advantage isn't favoring that direction

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