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, March 15, 2013

Week ending 3_15

Been a while since posting.  When you're not sure anyone reads the site it's easy to slack on posts.
Nothing has really changed.
This week played out the 2c-2d criteria long setup on the 65-min chart (bottom left).  The daily (bottom right) has played out the 2c-2d criteria long setup since the beginning of the month:

We closed the week on a 2c-2d criteria for the 65min chart and the 15-min was showing 3d criteria to set up the long entry.  Resistance to overcome being the $156 mark

Slight bearishness on the weekly in the form of a decent sized wick on a topping type of candle.
Watching the daily 3/10macd for a fast line/slow line cross (same for weekly) to see if there's a steeper correction

A broader look at the weekly SPY.  It's interesting to notice that some very textbook technical patterns (and their measured moves) have played out quite well over the years.


Jay Jay said...

Todd I read your blog almost everyday. That's why I've asked if you could be so kind as to add me to your blog roll. I have you on my blog and by clicking on your link I , an many others can find you site. Have a great weekend.


todd Sohayda said...

lulz...I walked right into that one