Wednesday, December 17, 2008

2 Trades - Short and Long

5 minute chart

(Double Click Picture for a Larger View)

.Stock: AAPL 5 minute chart
Entry Bar: 2 and 4
Setup Grade
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Notes: 2 trades in one...Took the gap n go short on the 2nd bar, scaled as I went. When the green hammer formed I got out and went long. Scaled out, moved my stop to even where I was stopped out. Two quick trades.

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.

Learn to trade gaps


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