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.

Thursday, January 23, 2014

thu 01_23

today's ES
Though it had all the makings of a trend day buyers brought things back above a 50% retrace of the day's range.
Averaging into the Fib. extensions would have seen two entries (nearly three) for an average price of 1820
A key for the above (5-min) chart to define the horizontal lines and dots. For further explanation, see this link:

No comments: