Wednesday, July 9, 2008

Gap and Go 30 minute - CLF

15 minute chart

Stock: CLF 15 minute chart
Entry Green Line: 107.47Stop Red Line: 105.41
Result: 1.63 to 3.23
Setup Grade
: B+
Notes: Enter on the 3rd bar as the 30 minute High is taken out, using the low of the 2nd bar as the stop.

* 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