Tuesday, June 3, 2008

Gap Fade - SHW

10 minute chart

Stock: SHW 10 minute chart
Entry Green Line: 52.51
Stop Red Line: 51.74
Result: 1.29 to 1.90
Setup Grade
: A-
Notes: Huge gap down, scale as you go as it was a wild ride

* 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:

QQQBall said...

what made you chouse this one so quickly?

TIA

How I Day Trade said...

it meets the rules of my business plan for gap fades starting with a big gap down amoung others.

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