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.

Thursday, June 28, 2012

3d squeeze

3d setup on the SPY today.
I entered long on the second up arrow with a stop at new lows (10-cent loss).
Entered long the second up arrow.  Exits at 132.14 & 132.40 with 1/4 position held overnight.

Here's a look at the SPY including the o/n range.  A simple breakout of the overhead trend line/channel

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