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Stock:COG
Entry Bar: 5
Time Frame: 5 minute chart
Entry Green Line: 42.09 SHORT
Stop Red Line: 42.35
Result: .50 to .90
Setup Grade: B
Notes: Monster Gap up, placed stop at high of the consolidation. Scale as you go and move that stop up to even. My updated business plan is now available. Will post about it a little later today.
Time Frame: 5 minute chart
Entry Green Line: 42.09 SHORT
Stop Red Line: 42.35
Result: .50 to .90
Setup Grade: B
Notes: Monster Gap up, placed stop at high of the consolidation. Scale as you go and move that stop up to even. My updated business plan is now available. Will post about it a little later today.
* 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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