Tuesday, January 5, 2010

30 Minute Outside Range Breakout - F

Daily Chart

5 Minute Chart

(Double Click Picture for a Larger View)
.
Stock:F
Entry Bar: 10
Time Frame: 5 minute chart

Entry Green Line: 10.71
Stop Red Line: 10.62
Result: .17 to .24 or more if you let some run all day
Setup Grade
: B+
Notes: small risk, nice breakout on the daily chart as well, hold some and let it run all day. I still think anyone owning any car company (gm or F) long term is nuts, but what do I know, still great to day trade!

* 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