Daily Chart
(Double Click Picture for a Larger View)
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Stock:WYN
Entry Bar: 7
Time Frame: 25.01
Entry Green Line: 25.01
Stop Red Line: 24.69
Result: missed trade..oh well
Setup Grade: B+
Notes: This is a great example of when you trade to not have distractions around you. On vacation, tracking WYN and was distracted for 30 seconds....trades takes off, ends up being a winner for the day...plus making quick trades off a laptop doesn't help. Missed money is better then lost money and never ever chase a trade!
Either way, nice break on the daily chart and setup on the one minute chart.
Time Frame: 25.01
Entry Green Line: 25.01
Stop Red Line: 24.69
Result: missed trade..oh well
Setup Grade: B+
Notes: This is a great example of when you trade to not have distractions around you. On vacation, tracking WYN and was distracted for 30 seconds....trades takes off, ends up being a winner for the day...plus making quick trades off a laptop doesn't help. Missed money is better then lost money and never ever chase a trade!
Either way, nice break on the daily chart and setup on the one minute chart.
* 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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