Sunday, November 14, 2010

Gap Fade Short - A

Weekly Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:A
Entry Bar: 10:00 AM EST
Time Frame: 5 minute bar

Entry Green Line
: 37.06 Short
Stop Red Line: 37.56
Result
: up to 1.21
Setup Grade
: A-
Notes: Scale as you go....Would have hung on to this all day until close with week market and run up on 5 minute chart...See weekly chart, tracking since the open.

* 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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