A look at the previous day and 1st 5 minutes of today.
(Double Click Picture for a Larger View)
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Stock: MICC 5 Minute chart
Entry Bar: 3
Entry Green Line: 55.48
Stop Red Line: 54.81
Result: Would have been stopped out
Setup Grade: C-
Notes: Would have stayed away: Extended on the daily, lack of volume...must be patience in your setups.
Entry Green Line: 55.48
Stop Red Line: 54.81
Result: Would have been stopped out
Setup Grade: C-
Notes: Would have stayed away: Extended on the daily, lack of volume...must be patience in your setups.
* 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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