30 minute chart
(Double Click Picture for a Larger View)
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Stock:ETE
Entry Bar: 9 on 30 minute chart
Entry Green Line:25.55
Stop Red Line: 25.39
Result: still in trade moving in my direction sell at close, High so far 25.73
Setup Grade: B
Notes: Nice volume and on the 30 minute gap fill and room to run on daily, Slow to set up. Sell at end of the day. 5 was consolidating and scale out as you go.
Entry Green Line:25.55
Stop Red Line: 25.39
Result: still in trade moving in my direction sell at close, High so far 25.73
Setup Grade: B
Notes: Nice volume and on the 30 minute gap fill and room to run on daily, Slow to set up. Sell at end of the day. 5 was consolidating and scale out as you go.
* The setup grade is based on rules outlined in my business 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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