Monday, July 23, 2007

123 Pullback 15 Minute Candlesticks - DO

15 Minute Chart

Daily Chart

Stock: DO 15 Minute Chart
Entry: 111.14
Stop: 110.45
Volume > previous day: yes
Daily chart: blue skys
Orderly Pullback: yes
Entered off strong Green candle: Green yes, strong close No, see notes
Result: 2.31 to 3.58 gain
Notes: Candle is green but didnt close at top of the range and left a slight upper tail. I usually pass but the wide stop, strong market, and close above the 5 EMA make it worth the risk.

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