Friday, August 1, 2008

Gap & Go Short - AA

5 Minute Chart

(Double Click Picture for a Larger View)

Stock: AA 5 minute chart
Entry Bar: 2
Entry Green Line: 33.17 SHORT
Stop Red Line: 33.76
Result: .30 to .97
Setup Grade
: B
Notes: No gap but showed up my gapfill radar, scale out and hold some till the close

* 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