Saturday, April 25, 2009

Gap and Go Short 10 minute - BLUD

5 minute chart Stop placement

10 Minute Chart

(Double Click Picture for a Larger View)
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Stock:BLUD 10 minute chart
Entry Bar:2
Entry Green Line:18.46
Stop Red Line: 18.90 or 19.51 less conservative
Result: 2.46 to 4.71
Setup Grade
: B
Notes:this is called a home run, scale as you go. Use 5 minute chart to place stop.

* 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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