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, April 17, 2012

Tues. 4_17

Many issues set up the 3d criteria into the close yesterday and followed through today.
SPY - though this is not the 3d criteria, it is very similar in character (technically a 1d and first cross entry), the best of these 3d setups on the open are those that gap above the previous resistance zone.

While here is one which succeeded in overcoming the first boundary of resistance, but couldn't get past the second level.

AMZN - got stopped out on this one for a loss, though it did what I was anticipating (went higher)

AAPL - was a great example of the 3d, which is the bear trap short squeeze.

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