Sunday, November 29, 2009

SS0 - one minute chart


(Double Click Picture for a Larger View)
.
Stock:SSO
Entry Bar: 8
Time Frame: One minute chart

Entry Green Line: 36.19
Stop Red Line: 35.76

Notes: Had some questions on using the one minute chart relating to Fridays trade of SSO. It set up nicely for a break. One minute charts can be a valuable timing tool if used correctly. Several touches at the 5 minute mark before a break.

* 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