Thursday, January 21, 2010

Wedge Buster - XOM short

Daily Chart

15 Minute Chart

(Double Click Picture for a Larger View)
.
Stock:XOM
Entry Bar: 4
Time Frame: 15

Entry Green Line:67.66 short
Stop Red Line: 67.84 or more conservative high of the day
Result: .67 to 1.16
Setup Grade
: B
Notes:I missed this trade, didn't chase, but would have jumped all over it if I hadn't been preoccupied in another trade. Total break down

* 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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