Daily
5 minute chart
(Double Click Picture for a Larger View)
.
Stock:SI
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 116.79 short
Stop Red Line: 117.51 (pre market high)
Result: up to .85.
Setup Grade: B+
Notes: Larger stop to give it some room to run. See weekly and Daily charts and its run into confluence, gap up with weak market today. Looking to short and scale out as you go. Stop to entry after at least a 1/2 r gain.
Time Frame: 5 minute chart
Entry Green Line: 116.79 short
Stop Red Line: 117.51 (pre market high)
Result: up to .85.
Setup Grade: B+
Notes: Larger stop to give it some room to run. See weekly and Daily charts and its run into confluence, gap up with weak market today. Looking to short and scale out as you go. Stop to entry after at least a 1/2 r gain.
* 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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