Thursday, August 14, 2008

Double Dynamite - IOC 15 minute chart

Still on Vacation.

Here is nice trade. I set it to close out at the end of the day (if my stop was not hit) as I set out to go fishing. Nice 6R plus trade, better then the one damn sand shark I caught :(

Again regular posting to continue on August 27th.


(Double Click Picture for a Larger View)

Stock: IOC 15 minute chart
Entry Bar: 6
Entry Green Line: 27.97
Stop Red Line: 27.82 (prefered larger stop under 3rd red bar)
Result: .30 to 1.38 ---- 6R plus
Setup Grade
: B+
Notes: Scale out, let it run and close it out at the end of the day - forms a nice wedge setups as well

* The grade is for the setup outlined in my business plan. Feel free to post any trades you made today that you would like commented on.


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