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, May 10, 2013

Fri 05_10

Choppy, choppy day....

Spent A LOT of time chewing through these high volume nodes

Breadth - Up/Down_Volume stayed trending bullish all day long.  Adv/Decl issues bounced nicely at the zero-line initially, failed but recovered later on

Higher time frame - 65-min showing 2c-2d criteria (looking for a 3d criteria on faster time frame for entry long) while holding on top of the 20-period MA

Weekly/Daily bulls in control

No comments: