(Double Click Picture for a Larger View)
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Stock:E mini ES
Entry Bar:5
Time Frame: 5 minute
Entry Green Line:1107
Stop Red Line: 1110
Result: 2 and 7 points
Setup Grade: B+
Notes:The gap filled quickly right into confluence and the 200 and 600 SMA. Scale as you go. Almost shied away from this trade with the news announcement, glad I didn't.
Time Frame: 5 minute
Entry Green Line:1107
Stop Red Line: 1110
Result: 2 and 7 points
Setup Grade: B+
Notes:The gap filled quickly right into confluence and the 200 and 600 SMA. Scale as you go. Almost shied away from this trade with the news announcement, glad I didn't.
* 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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