Thursday, June 5, 2008

30 Minute Inside Bar - COG

30 minute chart


Stock: COG 30 minute chart
Entry Green Line: 63.96
Stop Red Line: 63.14
Result: .38 to .50
Setup Grade
: B-
Notes: Strong nice setup on the Daily as it nails the shorts, would like a better Inside bar support. OF Note: Lots of Gap N Go's out there today as well on the 5 and 10 minute and several ISB setups on the 30 - strong trading day

* 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