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Thursday, May 28, 2009

E-Mini Openin Gap Fade - ES


(Double Click Picture for a Larger View)
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Stock:ESM09
Entry Bar: open
Entry Green Line: 899.50
Stop Red Line: 906
Result: 6.5 points

Notes: I recommend taking a look at Master the Gap that I have been a member of for some time. I use the service to determine if I will be fading the opening gap. Easy play to manage while you look for other setups.

* 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.

Learn to trade gaps

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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.