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.

Wednesday, December 18, 2013


Heading to New Jersey for the holidays, so not sure how much I'll be posting.  Just wanted to update the recent Daily/Hourly time frames as they seem to be setting up potential entries.
  Being that this is an FOMC day, if the targets aren't hit by 2pm ET, then there is potential for steep adverse moves.
IWM - has been giving the most profitable signals so far.  There was a potential long trigger into the close yesterday that already achieved it's primary target within the first hour of today.

QQQ - giving a short trigger?  hmmmm Be cautious of a buy divergence though.  Daily trying to hold the 20-day MA.

SPY - still waiting on the current hourly bar to close before it triggers.  Caution with a fast line less than slow line if it should trigger.

DIA - fast line less than slow line, so the risk is greater in my opinion, also what could be a divergence (higher price highs on lower momentum).  The daily could be showing a bullish condition if it closes with a FL >SL

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