Wednesday, March 24, 2010

Gap and Go Short - AEM

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:AEM
Entry Bar:2
Time Frame: 5 minute

Entry Green Line:56.45 SHORT
Stop Red Line: 56.93
Result: .35 to .75 or more if you let some run
Setup Grade
: B
Notes: Scale out and let some run all day. Didn't like the Daily chart, but a weak market and very weak at the open.

* 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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