5 minute chart
(Double Click Picture for a Larger View)
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Stock:NQ emini
Entry Bar: Red bar at 2000 level @ 2:45
Time Frame: 5 minute chart
Entry Green Line: 1997
Stop Red Line: 2000.25
Result: plus 3.5 plus 12 points
Setup Grade: A
Notes: Major price level, 2000......nice hammer....scale out and close out of all contracts at the close.
Time Frame: 5 minute chart
Entry Green Line: 1997
Stop Red Line: 2000.25
Result: plus 3.5 plus 12 points
Setup Grade: A
Notes: Major price level, 2000......nice hammer....scale out and close out of all contracts at the close.
* 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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