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, November 1, 2012

Thu 11_1


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

15m & 5m with 3/10macd.  The opening criteria was 1a (which involves trading a breakout setup, often before there is a "trigger" on the 5-min chart).  While the afternoon was the 2c-2d criteria.  I traded the 2c-2d on the IWM instead of the SPY.

Speaking of the IWM, the 5% pullback was seemingly order;y.  Watching this overhead trend line, while the weekly is showing the 2c-2d criteria and is still basing around all-time highs:

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