1 Minute chart to help time entry
5 Minute Chart
(Double Click Picture for a Larger View)
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Stock:DNDN
Entry Bar: 2
Time Frame: 15 minute using 1 minute chart
Entry Green Line: 33.39
Stop Red Line: 33.22 or more conservative 32.67
Result: up to .45....the more aggressive stop gets you 2.5 R.
Setup Grade: B+
Notes: Was hoping for a bigger run with the Daily Chart. Scale as you go and take what the market gives you. Great example of using the one minute chart or lower chart to help time your entry. 123 breakout on the one minute chart.
Time Frame: 15 minute using 1 minute chart
Entry Green Line: 33.39
Stop Red Line: 33.22 or more conservative 32.67
Result: up to .45....the more aggressive stop gets you 2.5 R.
Setup Grade: B+
Notes: Was hoping for a bigger run with the Daily Chart. Scale as you go and take what the market gives you. Great example of using the one minute chart or lower chart to help time your entry. 123 breakout on the one minute chart.
* 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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