Wednesday, October 14, 2009

Gap Fade Short - LOGI


(Double Click Picture for a Larger View)
.
Stock:LOGI
Entry Bar:2
Time Frame: 5 minute

Entry Green Line:18.81 short
Stop Red Line: 19.08
Result: .32 to .40
Setup Grade
: B+
Notes: Huge gap up for the overall market. This fit the criteria to short. Nice candle. Scale as you go.

* 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.



No comments:

Post a Comment