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.

Tuesday, December 31, 2013

New Year's Eve

Quite the end of day/year ramp in the SPY today.  Came within $0.03 of the 2R target.

IWM still floating around it's 3R target

DIA - had a breakout move on the close, 3R target could be realized by end of week

QQQ - similar to DIA.  Breaking out of a cup&handle

Well, if you're reading this, hope you have a fun and safe New Years eve and a Happy and Prosperous 2014!!

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