Tuesday, April 22, 2008

Gap FIll 15 minute - XTO

15 Minute Chart

Stock: XTO 15 minute chart
Entry Green Line: 68.72
Stop Red Line: 68.38
Result: .80 to 1.23
Setup Grade
: B
Notes: I liked the inside bar setup, Could have taken it on the 30 minute bar with a stop below the low of the day for a more conservative play. Posting this now as I am leaving for the day, will update result later.

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

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Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE