Thursday, September 4, 2008

Gap & 123 Pullback Short- CTV

30 Minute Chart

(Double Click Picture for a Larger View)

Stock: CTV 30 minute chart
Entry Bar: 7
Entry Green Line: 43.67 SHORT
Stop Red Line: 44.07
Result: .40 to 1.06 - - about 2.5R if you let it run all day
Setup Grade
: B+
Notes: Scale out and let it run

* 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