Wednesday, April 9, 2008

Gap & Go - 15 Minute - RIG

15 Minute chart



Stock: Rig 15 minute chart
Entry Green Line: 146.26
Stop Red Line: 144.49
Result: -.05 to 1.07
Setup Grade
: A-
Notes: Large stop less shares, just missed a larger gain unless you placed your stop below the close of the 5 ema


* 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