5 minute chart
(Double Click Picture for a Larger View)
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Stock:NQ emini
Entry Bar:5
Time Frame: 5 minutes
Entry Green Line: 1991 Short
Stop Red Line: 1994.75
Result: up to 12 points
Setup Grade: B+
Notes: Fade the Globex High, nice red candle and at the NQ average daily range. Scale out sell at confluence or high of next bar.
Time Frame: 5 minutes
Entry Green Line: 1991 Short
Stop Red Line: 1994.75
Result: up to 12 points
Setup Grade: B+
Notes: Fade the Globex High, nice red candle and at the NQ average daily range. Scale out sell at confluence or high of next bar.
* 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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