Daily Chart
(Double Click Picture for a Larger View)
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Stock:AU
Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 39.63 SHORT
Stop Red Line: 40.01 (over the whole #)
Result: up to .22
Setup Grade: B
Notes: Scale as you go...stop to entry. Would have been stopped out on your remaining shares after moving your stop to entry.....as later it would run to the downside. It happens and its why we follow our rules and stick to our discipline. Daily chart was a mess and breaking down on the gap down this morning.
Time Frame: 5 minute
Entry Green Line: 39.63 SHORT
Stop Red Line: 40.01 (over the whole #)
Result: up to .22
Setup Grade: B
Notes: Scale as you go...stop to entry. Would have been stopped out on your remaining shares after moving your stop to entry.....as later it would run to the downside. It happens and its why we follow our rules and stick to our discipline. Daily chart was a mess and breaking down on the gap down this morning.
* 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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