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 10, 2013

thu 01_10

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

The morning's trade can be seen in a previous post.

Higher time frame, keeps going higher.  The criteria setup has been 3a-to-1b-to-1a continuation.  A little concerting that the 65-min momentum is still so weak.

A few looks at the daily SPY

The channels in the SPY have been very tight and symmetrical.  Playing the channel extremes has been fruitful

Inverted roof (below).  Can break either way.  See Bulkowski's write-up here

No comments: