Thursday, February 25, 2010

One Minute Inside Bar Breakout - MYL

Daily Chart

One Minute Chart

(Double Click Picture for a Larger View)
.
Stock:MYL
Entry Bar: 3
Time Frame: one minute chart

Entry Green Line: 20.19
Stop Red Line: 19.96 or more aggressive 20.04
Result: .26 to .43
Setup Grade
: B+
Notes: Nice setup and quick play, scale as you go and hold some to run. Also setup on the 2 minute chart for a Rocket Play which I will post.

* 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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