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, October 2, 2012

Tues. 10_02

Choppy day.
A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:     

A/D_line started strong, but faded.  Notice the interplay with the zero-line.

Most of my trades today were for small losses.  Should have taken a long into the close on the momentum buy divergence and resulting squeeze, but I didn't.  Blue arrows being entries, black being exits.

Still potential for a bullish move on  the higher time frame, particularly over $145.00-$145.30s

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