Thursday, December 3, 2009

Gap and Go Short - TOL

5 minute chart

Daily Chart

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

Entry Green Line: 18.66 Short
Stop Red Line: 18.92
Result: Break even to .44
Setup Grade
: B+
Notes: Nice drop on the Daily, this is one of those trades where you can catch a little and get shaken out. Missed money is better then lost money. Always maintain your stops and don't give away those profits.

* 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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