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Stock:CAT
Entry Bar: 7
Time Frame: 1 minute chart
Entry Green Line: 60.74 SHORT
Stop Red Line: 61.28
Result: scale as you go
Setup Grade:
Notes: See previous day breakout on Daily chart, Gapping way up, now looking for a fade with the stock short term overextended. This is using one minute charts. I really hope to have my business plan updated by the end of the month with how I utilize one minute charts. Just so busy especially with the Phillies in the playoffs. Was at last nights game, what an awesome ending, I thought the entire building was going to collapse.
Time Frame: 1 minute chart
Entry Green Line: 60.74 SHORT
Stop Red Line: 61.28
Result: scale as you go
Setup Grade:
Notes: See previous day breakout on Daily chart, Gapping way up, now looking for a fade with the stock short term overextended. This is using one minute charts. I really hope to have my business plan updated by the end of the month with how I utilize one minute charts. Just so busy especially with the Phillies in the playoffs. Was at last nights game, what an awesome ending, I thought the entire building was going to collapse.
* 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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