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.

Friday, February 17, 2012

copper clopper

More selling in Copper, next stop looking like the 50-day MA

With the daily 50MA below there's also the 50% retracement mark from the previous upward momentum

Then I got to looking at a larger perspective.  This weekly Head & Shoulders pattern would take some time to develop, but it still stands out

No comments: