Friday, September 11, 2009

SLB 1 minute chart - Inside bar breakout

Daily Chart

1 minute chart

(Double Click Picture for a Larger View)
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Stock: SLB
Entry Bar: 4
Entry Green Line: 60.02
Stop Red Line: 58.81
Result: .26 to .58 and just missed another dollar more
Setup Grade
: B+
Notes: Exploded at the open, not for the faint as heart but nice risk/reward..when I get around to updating my BP will add these in.

* 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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