5 minute chart - stop placement
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Stock:MVL 15 minute chart
Entry Bar:2
Entry Green Line:30.12
Stop Red Line: 29.69
Result: .54 to .74
Setup Grade: B+
Notes: scale as you go, nice setup on the 5 minute chart where you can also lay a stop. Let some run all day with a stop at entry. Still in trade
Entry Green Line:30.12
Stop Red Line: 29.69
Result: .54 to .74
Setup Grade: B+
Notes: scale as you go, nice setup on the 5 minute chart where you can also lay a stop. Let some run all day with a stop at entry. Still in trade
* 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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