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, April 6, 2012

NFP upset

The ES (here with GLOBEX session) fully broke down from its Head & Shoulders pattern this morning following the NFP report.  This morning's move fulfilled a 50% projection of the previous momentum, while a 100% projection move would roughly coincide with the H&S measured move.

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