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, March 19, 2014

Wed 03_19

No new triggers and things can really go either way from here; either we tick back lower giving us an XYZ wave or we gap up and squeeze higher.
IWM held it's 50% retrace firmly.  $119.90 above and $118 below
 QQQ- basically the lines in the sand for above are today's highs and for below are the 50% retraces
  SPY -
 DIA - daily illustrating the potential for the XYZ wave on the 3/10macd which would require a breakdown of support

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