It has come to my attention that some people don't like to use the internet for one of it's intended purposes; searching out information.
So, with that in mind, I'll refer you to specific links that explain what the abbreviations mean that I used in yesterday's post.
IB_high/low - IB stands for Initial Balance, read about it here
o/s_high/low - O/S stands for Opening swing. It's something used on the E-mini, but I find there to be an equivalent in the SPY. You can read about it here.
o/n_high/low- o/n stands for overnight, can also be referred to as pre-market or Globex session. I'll let you Google that one on your own :)
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 firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.