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, October 12, 2012

DXY update

updated chart of the U.S. Dollar index from this previous post.
Failed to close above that $89.15.  There's a chance to break higher, but equally a chance to roll over.

especially given the potential for the weekly setting up a bear flag?

No comments: