Wednesday, January 27, 2010

Emini ES - Fade off Confluence

5 minute Emini

1 minute Emini - entry

(Double Click Picture for a Larger View)
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Stock:ES Emini
Entry Bar: 10:19 AM
Time Frame: 1 minute

Entry Green Line: 1082.75
Stop Red Line: 1080.75
Result: 2.25 to 3.50
Setup Grade
: B+
Notes: Nice hammer off of a sell off into the previous days low into confluence. Getting more request for Emini charts and will start doing more of these going forward. I following the 5 minute chart but use the one minute to enter many times with e mini.

* 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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