Tuesday, September 2, 2008

Double Dynamite - LOW

15 Minute Chart

Daily Chart

(Double Click Picture for a Larger View)

Stock: LOW 15 Minute Chart
Entry Bar: 7
Entry Green Line: 26.37
Stop Red Line: 26.22
Result: Break Even to .27... At 1R gain pull stop to even
Setup Grade
: B+
Notes: Scale out and move stop to entry at 1R. Nice break on the daily, like the setup didnt explode.

* 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