Tuesday, August 3, 2010

15 Minute gap & go - CLF

Daily Chart

15 minute chart

5 minute chart

(Double Click Picture for a Larger View)
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Stock: HLF
Entry Bar: 2
Time Frame: 5 or 15

Entry Green Line
: 53.41

Stop Red Line
: 52.99 (using 5 minute chart..more risk but more reward)
Result
: up to 2.40
Setup Grade
: B
Notes
: Nice break on the daily chart. Took a stop under the 3rd five minute candle, under the whole number. Thought I was going to be stopped out and it took off and I rode it all day. Scale as you go.

* 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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