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.

Sunday, January 15, 2012

AAPL flag

First of all, you just can’t shouldn't fight this trend:

It's worth watching this flag for a break higher

small inverse H&S on the intra-day chart

Of course, if it breaks that $418 area below it could create an abandon ship type of move and could be worth a short position for a day trade.

No comments: