Gap and Go short 15 minute chart - KR

5 minute chart

15 minute chart

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Stock:KR

Entry Bar: 2
Time Frame: 15 minute chart
Entry Green Line: 21.96 SHORT
Stop Red Line: 22.21 or more aggressive 22.05
Result: even to .14
Setup Grade: B
Notes: If you held your original stop you would have a nice gainer...either way scale as you and stop to entry. Missed money is better then lost money!! Can use the lower time frame to time your entry, see the 5 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.

Gap and Go Short - CNW

1 minute chart

10 minute chart

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Stock:CNI

Entry Bar: 2
Time Frame: 10 minute
Entry Green Line:30.99 short
Stop Red Line: 31.29 or 31.78 conservative
Result: 1.66 to 2.74
Setup Grade: A-
Notes: Set up nicely with the one and five minute chart. Daily was a a winner. Will leave a picture of the Daily Chart on facebook. Scale as you go.

* 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.

Gap and Go Short 10 minute - FSLR

10 minute chart

5 minute chart

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Stock:FSLR

Entry Bar: 2
Entry Green Line: 121.50 Short
Stop Red Line: 122.97
Result: 2.03 to 2.62
Setup Grade: B
Notes:Setup on the 5 minute when the first bar was taken out. Scale as you go.

* 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.

Short Gap and Go 10 minute - KBR

10 minute chart

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Stock: KBR 10 minute chart

Entry Bar: 2
Entry Green Line: 23.11 short
Stop Red Line: 23.58
Result: .27 to .47
Setup Grade: B+
Notes:

* 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.

Gap & Go short 15 minute - ED

15 minute chart


Daily Chart - Nice break with room to run

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Stock:ED

Entry Bar:2
Entry Green Line: 35.70
Stop Red Line: 36.01
Result: Up to .47........still in trade
Setup Grade: B
Notes: Scale and get your stop to even. Sell at the end of the day if still in the trade.

* 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.

Gap and Go Short 10 minute - BLUD

5 minute chart Stop placement

10 Minute Chart

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Stock:BLUD 10 minute chart

Entry Bar:2
Entry Green Line:18.46
Stop Red Line: 18.90 or 19.51 less conservative
Result: 2.46 to 4.71
Setup Grade: B
Notes:this is called a home run, scale as you go. Use 5 minute chart to place stop.

* 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.

Gap and Go Short 10 minute - ADM

5 Minute Chart

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Stock:ADM

Entry Bar: 2
Entry Green Line: 26.30
Stop Red Line: 27 or 26.81 using 5 minute chart to place stop
Result: Still in trade as I type - up to +.82, with stop at even
Setup Grade: B+
Notes: Scale as you go, stop to even. Close all at end of day.

* 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.

Gap and Go Short 15 minute - COP

Daily Chart


5 Minute Chart

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Stock:COP 5 minute chart

Entry Bar: 5
Entry Green Line: 43.99 short
Stop Red Line: 14.15
Result: .16 to .48
Setup Grade: B-
Notes:Breaking down on the daily, Market it just a mess. Scaling out you grab a nice profit and then stopped out at entry...just missing a big gainer as it dumped all day.

* 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.

Gap and Go Short 10 minute - HNZ

5 minute chart


10 Minute chart

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Stock:HNZ 10 minute chart

Entry Bar:2
Entry Green Line:35.68 short
Stop Red Line: 36.57 or 36.00 depending on risk
Result: .20 to .99
Setup Grade: B+
Notes: Could have managed this several ways. Placed stop using 5 minute chart resulting in more risk or leave it at high of the day on the 10 Minute. Depending on your risk after a small scale out would have been stopped out at entry for a small gainer. If you didnt reach your first target for scaling and held to previous stop then nice gainer.

* 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.

Gap and Go Short 10 minute - TNA

2 minute Stop placement

5 minute setup confirm

10 minute chart - entry

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Stock:DLTR

Entry Bar: 2
Entry Green Line: 36.25 SHORT
Stop Red Line: 36.87
Result: 1.14 to 2.10
Setup Grade: B+
Notes:Nice bar on the 10 minute with confirmation from the 5 minute chart. Large stop and so using the 2 minute chart gets a more realistic stop but makes the trade more riskier. Scale out save some till close with stop at 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.

Gap & Go Short- MBT

5 minute chart


15 Minute Chart

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Stock: MBT

Entry Bar: 2
Entry Green Line: 37.49 Short
Stop Red Line: 39
Result: Runs all day, scale as you go, monster gain
Setup Grade: B+
Notes: This is one I missed but nice setup on 5 minute or 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.

Gap & Go Short - EXC

10 Minute Chart

5 Minute Chart - Stop Placement

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Stock: EXC 10 minute chart

Entry Bar: 2
Entry Green Line: 68.07
Stop Red Line: 69.25
Result:
Setup Grade: B+
Notes: Scale out let the rest run all day. Use a the stop on the 5 minute chart as it was above the 5ema.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on