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.

Monday, June 10, 2013

Mon 06_10

Nothing but consolidation of previous momentum

Breadth - mostly neutral all day

Higher time frames - Further pullback wouldn't be surprising, while a gap or move higher could lead to chasing (and stops being triggered)

ES with globex

Friday, June 7, 2013

Fri 06_07

Momentum day, though didn't have the same sort of Advance/Decline internals you typically see on an extreme advancing day.

Higher time frame - bulls need it to push through that $165 - $165.50 area

ES with globex - overnight range midpoint (also 50% retrace of previous day's close to today's Open) held on the opening retrace, Overnight high held as afternoon support.

Another look on multiple time frames

Thursday, June 6, 2013

Thu. 06_06

Choppy fu*$%ng chop.  End of day was more pleasant.  Was buying in the morning because of the 3d criteria setting up on the 15min.  The shakeout was interesting.


Higher time frame

The buy divergence setting up on the higher time frame (65min) we'd be looking for a 3d or 3d setup on the 15-minute, like below, it got choppy but you had to stick with it, you're not going to catch any fish if you don't keep casting your lure.

ES with globex and potential entries

Wednesday, June 5, 2013

Wed 06_05

Got chopped up a bit in the morning.  The victim of a very typical stop run.


Higher time frame; 65min showing a buy divergence, but not something you necessarily want to buy until a faster time frame (15min) has a decent buying setup (like 3d-3a or 3a-1a that sort of thing)

ES with globex, should have been watching this more closely as it gave better morning setups

ES with Fib. projections, coming into a confluence target area

Tuesday, June 4, 2013

Tue 06_04

Breadth -

Got chopped up a bit in the 10:30-11:00 hour

ES with globex range

Higher time frame; $165 above  $163 below

Monday, June 3, 2013

Mon 6_03



Higher time frame:

ES  with globex. (with higher time frame 3/10macd (top)

Saturday, June 1, 2013

end of May

SPY finally got a structured pullback move that we can measure.  A 100% projection bringing us right into the May 3rd gap point.

  In the chart above there is an up arrow on the 65-min chart indicating a potential long entry (based on the daily time frame's 2c-2d criteria setup).  As that didn't develop a short entry occurred signaling a roll-over in price (tick down in the daily fast line, giving us 2c criteria again, a breakdown of support).
The higher time frames are still very bullish:  The first support we're looking at is the May 3 gap

Looking at the monthly chart, again, bullishness still intact, keep an eye on previous monthly lows as potential support, starting with $158.10 should the May 3rd gap give way