5 minute chart
(Double Click Picture for a Larger View)
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Stock:APC
Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 35.61
Stop Red Line: 34.84
Result: .40 to 1.40
Setup Grade: B+
Notes: Gap down into prior low....Nice 5 minute hammer off the prior daily low. Scale as you go and get the stop to even.
Time Frame: 5 minute
Entry Green Line: 35.61
Stop Red Line: 34.84
Result: .40 to 1.40
Setup Grade: B+
Notes: Gap down into prior low....Nice 5 minute hammer off the prior daily low. Scale as you go and get the stop to even.
* 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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