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 firstname.lastname@example.org
I am always open to questions, comments, or suggestions on how to improve this blog.
Thursday, May 9, 2013
Didn't take any trades until the afternoon period
Volume profile coming into today. Bounces this week have come before or beyond VPOC or LVN areas
Higher time frame- Daily 3/10macd fast line starting to curve lower, 65min could be setting up for a steeper pullback, but you have to be prepared for an uptick in that 65min fast line
ES with globex