Monday, April 26, 2010

One minute chart - TRN

Daily Chart

1 minute chart

5 minute chart

(Double Click Picture for a Larger View)
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Stock:TRN
Entry Bar: 6
Time Frame: one minute

Entry Green Line:26.51
Stop Red Line
: 26.38
Result
: .25 to .45
Setup Grade
: B
Notes
: Scale as you go...nice bar on the 5 minute chart...see how the one minute sets it up. Hold some all day, in this case shares you held would have been stopped out at entry.

* 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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