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Stock:EL
Entry Bar: 4
Time Frame: 5 minute
Entry Green Line: 44.02 short
Stop Red Line: 44.45
Result: .16 to .49
Setup Grade: B
Notes: Huge gap up and it ran, red bar set up a short for a small winner. Sold off the rest of the day.
Time Frame: 5 minute
Entry Green Line: 44.02 short
Stop Red Line: 44.45
Result: .16 to .49
Setup Grade: B
Notes: Huge gap up and it ran, red bar set up a short for a small winner. Sold off the rest of the day.
* 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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1 comments:
Notice in big down days, better off shorting the etf's or small or no gap stocks. Big gap stocks seem to have already made there move: nvtl.Probably works with big up days.
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