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, April 9, 2014

Wed 04_09

Another melt up on the hourly time frame.  Chasing price higher with very little pullback (as exemplified in the hourly 3/10macd).
SPY - Daily exhibiting fairly symmetrical cycles averaging 10-days.  The only continuation following a pullback trigger came pretty late
 DIA - zero pullback
 QQQ- trigger on opening hour bar, primary objective achieved
 IWM - similar as QQQ
 ES - 4H

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