Friday, June 27, 2008

15 Minute Candlestick Breakdown - SNE




Stock: SNE 15 minute chart
Entry Green Line: 43.95 SHORT
Stop Red Line: 44.16
Result: .18 to .32
Setup Grade
: A-
Notes: Enter the low of the 9th bar that breaks the 15 minute OR. Single, unless you held for a close above the 5ema. Either way a gainer.


* 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