Wednesday, June 25, 2008

Gap and Go Short - BA 15 minute chart

15 minute chart

Stock: BA 15 minute chart
Entry Green Line: 71.59 Short
Stop Red Line: 72.80
Result: .81 to 1.25
Setup Grade
: B+
Notes: Big stop, less shares, very ugly daily chart

* 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

2 comments:

Jamie said...

Thought of your gap & go setup as I took BA short on the 5 min. break of ORL following 2 inside bars.

Nice work!

How I Day Trade said...

thank you - yes the 5 minute chart was my confirmation, but that daily chart was just screaming to be shorted intrad-day

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