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


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

0 comments: