15 minute breakout - VCI

15 minute chart

5 minute chart

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Stock:VCI

Entry Bar:
Time Frame: 15 minute chart
Entry Green Line: 33.01
Stop Red Line: 32.84
Result: .85 to 1.30..at least 6R
Setup Grade:
Notes: Here is a trade from a reader. Sets up on both the 5 and 15 minute chart. Patience pays off waiting on this one. All about discipline. Sell some shares as it moves your way. Get that stop to even. What a crazy market we are seeing.

* 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.

15 minute candlestick breakout - TSL

15 minute chart

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Stock:TSL

Entry Bar: 5
Time Frame: 15 minute chart
Entry Green Line:41.01
Stop Red Line: 40.83
Result: .32 to .74
Setup Grade: B+
Notes: 52 week high on nice volume, scale as you go and get the stop to even. Alot of setups today in this bullish market.

* 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.

15 minute candlestick breakout - POT

15 minute chart

5 minute chart - setup nicely here as well

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Stock: POT

Entry Bar: 14
Entry Green Line: 90.60
Stop Red Line: 90.27
Result: up to 2.59 with 3 hours to go.
Setup Grade: B
Notes: Did not take this trade as I only traded the first hour of the day. As I reviewed my trades this afternoon I see I missed a nice trade that was on my radar. Setup nicely on the 5 and 15 minute chart.

* 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.

15 minute candlestick breakout - SU

Setup

Result

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Stock:SU

Entry Bar: 5
Entry Green Line:34.32
Stop Red Line: 34.18
Result: .13 to .37
Setup Grade: B+
Notes:Stick to your plan, scale as you go, get that stop to entry.

* 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.

15 Minute Candlestick breakout - KFT

Daily Chart

Set Up

Full day result - also presents 123 pullback to Outside range high

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Stock:KFT

Entry Bar: 9
Entry Green Line:26.81
Stop Red Line: 26.70
Result: even to .16 (1.6r)
Setup Grade: B+
Notes: Breaking out on the daily from its wedge. Scale as you go and get the stop to entry. I scaled out, moved my stop to entry and was stopped on my remaining shares. I reentered after 123 pullback hammer that formed at the 15 minute outside range. .07 risk.....scaled out at plus .10 and stop to even.

* 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.