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, April 18, 2013

Thu. 04_18

A key for the above (5-min) chart to define the horizontal lines and dots.  For further explanation, see this link:  

Divergences in breadth today; S&P500 Advancing/Declining on the left, Up/Down Volume on the right

First hour's trade (Initial Balance)

With volume profile

Daily showing 2c-2d criteria (looking for the 65min chart fast line to go green for a long signal).  So long as the March gap holds we can perceive the daily 3/10macd to be a reverse divergence (still not actionable until the 65min fast line goes positive).

ES with globex.  Two 3/10 macd's to reflect two time frames in one (top indicator being the 15-min 3/10macd)

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