15 minute Chart
5 minute chart
(Double Click Picture for a Larger View)
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Stock:CECO
Entry Bar: 2
Time Frame: 15 minute
Entry Green Line: 34.63
Stop Red Line: 34 Low of the day conservative or 34.37 more aggressive
Result: .33 to .59
Setup Grade: A-
Notes: Nice move on the daily and consolidation on the 5 minute chart. Scale as you go. Could have left stop at the LOD or used the 5 minute chart for a tighter stop and in turn buy more shares. Out at the end of the day as usual.
Time Frame: 15 minute
Entry Green Line: 34.63
Stop Red Line: 34 Low of the day conservative or 34.37 more aggressive
Result: .33 to .59
Setup Grade: A-
Notes: Nice move on the daily and consolidation on the 5 minute chart. Scale as you go. Could have left stop at the LOD or used the 5 minute chart for a tighter stop and in turn buy more shares. Out at the end of the day as usual.
* 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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