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


Tuesday, January 17, 2012

tues. 1_17

Boring day.  Many trades ended up being closed for break-even.
AMZN was a good long, but took it off WAY too soon.  I actually exited on a trigger to go long (second up-arrow under the macd).

FSLR long was basically a b/e trade, really should have gone short at $40.25 for that 2b short setup

GS long, another b/e trade.  I was targeting the $100.35 area and price just came short.  The short setup played out well though (2d-to-4c continuation, a.k.a. Bear Flag).  The first up arrow and first down arrow are a long entry and the long Sell to Close. 

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