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.

Tuesday, January 31, 2012

Tues. 1_31

Not much going on today.
GLD 2c-2d setup (Inverse H&S)

SINA end of day breakout of 2-day triangle.  1a setup.  Actually held 1/4 position (covered 15-cents above entry) which was stupid in retrospect.

Didn't trade this AMZN setup, but was a good looking setup.  I would refer to it as the 3d setup but it was 'technically' a 1d.  Irregardless it had an inverse H&S pattern.

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