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Stock:COF
Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 37.85
Stop Red Line: 37.56
Result: stopped out -.29
Setup Grade: B
Notes: Here is a great example of jumping in way to early and getting burned. Instead of waiting for the high of the previous bar to break I jumped in early at the top and it reversed quickly. Tried to jump the gun and got burned.
Time Frame: 5 minute
Entry Green Line: 37.85
Stop Red Line: 37.56
Result: stopped out -.29
Setup Grade: B
Notes: Here is a great example of jumping in way to early and getting burned. Instead of waiting for the high of the previous bar to break I jumped in early at the top and it reversed quickly. Tried to jump the gun and got burned.
* 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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