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, January 31, 2013

EURUSD continues

I've been posting more on the EURUSD as this move has unfolded.
The weekly below (left) showing the inverse Head & Shoulders break where we'd be looking to 1.373 to achieve the 50% Fib. projection.  The trend on the daily showing bullish improvement, though be it a bit stretched.

A bit faster time frame, the trend is strongly bullish.  So you're looking to buy bullish orientation of the 3/10macd on the faster time frame.

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