5 minute chart
1 minute chart
(Double Click Picture for a Larger View)
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Stock: RIMM
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 60.37
Stop Red Line: 59.57 or 59.84 on one minute chart
Result: up to .59
Setup Grade: B+
Notes: Weak day, looking for a bounce and nice pop on RIMM at the opening. Daily confirms some sort of run. I show a one minute chart to help time your entrance. Scale out and get the stop to entry.
Time Frame: 5 minute chart
Entry Green Line: 60.37
Stop Red Line: 59.57 or 59.84 on one minute chart
Result: up to .59
Setup Grade: B+
Notes: Weak day, looking for a bounce and nice pop on RIMM at the opening. Daily confirms some sort of run. I show a one minute chart to help time your entrance. Scale out and get the stop to entry.
* 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:
Hello,
Thanks for the compliment I am glad you like to the comments. Day trading is the buying and selling of various financial instruments, such as futures, options, currencies, and stocks, with the goal of making a profit from the difference between the buying price and the selling price. Thanks for posting all the helpful information.
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