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 3, 2012

there ya have it

Following the NFP report this morning the ES has just now tagged the 100% projection (1339) off our original seed wave.  As you can see in the previous posts, this seed wave projection comes off of the head-to-right shoulder (3d setup) from a few days ago.  It also coincides with a 200% projection of our faster time frame (15-min) momentum wave.

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