Thursday, July 17, 2008

15 Min. Candlestick Breakout - BLL


Stock: BLL 15 minute chart
Entry Green Line: 48.00
Stop Red Line: 47.62
Result: .42 to 2.35
Setup Grade
: B+
Notes: Scale out and let the rest run. Newer traders pick your points to scale out when you gain more experience let them run untill the close and move your stop up with support levels.


***Sold the FNM I bought two days ago in IRA, was going to sell half but when you make 50% in two day you take it. Still holding WM for the long term. here is the recap.



* The grade is for the setup outlined in my buseinss plan & not for 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