5 minute chart
Daily Chart
(Double Click Picture for a Larger View)
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Stock:LLY
Entry Bar: 6
Time Frame: one minute chart
Entry Green Line: 32.34 SHORT
Stop Red Line: 32.45 (one minute chart)
Result: .20 to .32
Setup Grade:A-
Notes: Again scale as you go...take what the market gives you...Daily chart was a mess, still on these gap and go shorts I am very weary of the market bouncing with the over sold market. Crazy markets like this its best to take on less risk (trade less shares) very unpredictable.
Time Frame: one minute chart
Entry Green Line: 32.34 SHORT
Stop Red Line: 32.45 (one minute chart)
Result: .20 to .32
Setup Grade:A-
Notes: Again scale as you go...take what the market gives you...Daily chart was a mess, still on these gap and go shorts I am very weary of the market bouncing with the over sold market. Crazy markets like this its best to take on less risk (trade less shares) very unpredictable.
* 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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