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Stock:ESI
Entry Bar:11
Entry Green Line: 95.38
Stop Red Line: 94.15
Result: out 20 SMA 96.25
Setup Grade: A-
Notes: Nice bounce off the 200 and 600 sma (600 is the same as a 200 moving average on a 15 minute chart) Wide stop less shares, scale and sell at the 20 moving average.
Entry Green Line: 95.38
Stop Red Line: 94.15
Result: out 20 SMA 96.25
Setup Grade: A-
Notes: Nice bounce off the 200 and 600 sma (600 is the same as a 200 moving average on a 15 minute chart) Wide stop less shares, scale and sell at the 20 moving average.
* 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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