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. I day trade the 15-minute time frame by using the 5-minute to trigger the trade setup. I can be contacted via email at toddstrade@gmail.com


Monday, January 9, 2012

monday 1_9

2c setup in AAPL today didn't quite work out for me. Original stop was $0.80 which would not have gotten hit until the $425-test failure. However, I took a 10-cent loss on the position as I was looking for more of a squeeze move higher from my entry.
NFLX just continues to squeeze. If there is one pattern combination of Moving Averages and 3/10macd this is it.  Exited 10-min before the close.

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