Wednesday, June 3, 2009

Gap and Go Short - X

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
.
Stock:X
Entry Bar: 2
Entry Green Line:35.00
Stop Red Line: 35.94
Result: Nice gain depending on when you scaled and set your stop.
Setup Grade
: A-
Notes: Nice setup on the daily as it was extended with gap down.

* 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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