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.
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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