Gap and Go Short - PCG

Daily Chart



5 Minute Chart



(Double Click Picture for a Larger View)

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Stock:PCG

Entry Bar: 2
Time Frame: 5 minute
Entry Point: 40.98
Stop: 41.11
Exit Goal: 40.55
Result: Out 40.80 +.18......1.2R
All or Nothing Result: 40.83 End of day
Notes: Like the gap down after several daily bars up. All or nothing was an out at end of the day.

* The setup grade is based on rules outlined in my business plan. All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless its the end of the day. Feel free to post any trades you made today that you would like commented on.

Back to Blogging!

Glad to be back Blogging!

Started to miss the interaction. Will try and post 3 or 4 day trades a week. Again most trades taken within the first 90 minutes of the trading day.

Thanks for all the emails and request.

Feel free to post questions!