Monday, March 9, 2009

Emini - ES Fade



(Double Click Picture for a Larger View)

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Stock:ES emini
Entry Green Line:688 Short..5th bar
Stop Red Line: 701
Result: scale out at plus 2, scale out a 684 pivot, remaining stopped out at entry (goal would have been 670)
Setup Grade
: B+
Notes: All kinds of confluence: 200EMA, yesterday & last week close, yesterday open, monthly SA, plus gap fill..was at a viewing this AM so was not able to take this trade, but would have.

* 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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