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.

Monday, April 8, 2013

Mon 04_08

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

Breadth - Started out neutral/bearish.  Afternoon breakout coinciding with IB_high break.

ES globex - Dash vertical is the market Open.  Top indicator replicates a 15m 3/10macd while the bottom one is a 5min (Two time frames in one).

Volume Profile - The day started out as 'Non-Trend' day (Small IB_range & D-shaped profile) but turned into 'Normal Variation' day (IB_High broken as OTF became active). <- Might have been a Double-Distribution trend day?

Trades - Early, frustrating chop paid off later on

Quite the move we've had here

Important week in determining follow-through or rejection.  For now, the trend is still very much intact

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