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, January 24, 2014

a doozy

Some very strong selling, but in terms of the overall trend this was much needed.
The SPY had a second trigger today, achieving the first target and very nearly reaching the second.
 QQQ took a while to unwind, closed right at the primary target ($0.54 as measured from the entry bar)
 IWM finally got a trigger to work with and closed right near the primary target

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