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, April 19, 2013

Fri. 04_19

Got chopped up in the middle-morning and took early "signals" later on
A key for the above (5-min) chart to define the horizontal lines and dots.  For further explanation, see this link:  

First hour


Volume profile coming into the day, the opening rotations tested the previous day's High Volume Nodes

ES globex - basically the faster time frame "triggered" around the same time that the higher time frame did which resulted in a wider stop tolerance needed and longer patience for the consolidation ro resolve

Higher time frame - still potential for the faster time frame (65min) to pull back (fast line pull back to the slow line), but equally likely for a trend line break and a move back to the $157 area

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