
5 minute chart

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Stock: ARO 5 minute chart
Entry Bar: 18
Entry Green Line: 15.51
Stop Red Line: 15.33
Result: break even to .29
Setup Grade: B
Notes: Setup nicely on the 15 but was looking for a smaller bar. Found one on the 5 minute chart, with nice support from the 20 EMA. Scale out as you go, move stop to break even
Entry Green Line: 15.51
Stop Red Line: 15.33
Result: break even to .29
Setup Grade: B
Notes: Setup nicely on the 15 but was looking for a smaller bar. Found one on the 5 minute chart, with nice support from the 20 EMA. Scale out as you go, move stop to break even
* 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.
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