30 Minute Inside Bar - WERN

Stock: Wern 30 minute chart
Entry Green Line: 19.96
Stop Red Line: 19.67
Result: .35 to .72
Setup Grade: B
Notes: nice break on the 15 as well.

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

30 Minute Inside Bar Short - NYX

30 Minute Chart


Daily Chart


Stock: NYX 30 minute chart
Entry Green Line: 55.09 SHORT
Stop Red Line: 55.52
Result: .79 to 1.34
Setup Grade: B
Notes: Didnt have the 5ema support but the plan was to hold it unless it hit my stop or closed above the 5ema. Daily was just ugly, market ugly and so on. Scale out as you go.


* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

30 Minute Inside Bar - COG

30 minute chart

Stock: COG 30 minute chart
Entry Green Line: 63.96
Stop Red Line: 63.14
Result: .38 to .50
Setup Grade: B-
Notes: Strong nice setup on the Daily as it nails the shorts, would like a better Inside bar support. OF Note: Lots of Gap N Go's out there today as well on the 5 and 10 minute and several ISB setups on the 30 - strong trading day

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

30 Minute Inside Bar - QCOM

30 Minute chart

Stock: QCOM 30 minute chart
Entry Green Line: 47.00
Stop Red Line: 46.75
Result: .83 to 1.07
Setup Grade: A-
Notes: Real nice support from the 5 ema, enter after the 7th bar.

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

30 Minute Inside Bar - BNI

30 Minute Chart

Stock: BNI 30 minute chart
Entry Green Line: 97.91
Stop Red Line: 97.45
Result: 1.09 to 1.64
Setup Grade: B+
Notes: To be more conservative you can place your stop below the 2nd candle when you enter after the high of the 3rd candle is taken out to receive more support from the rising 5 ema


* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

30 Minute Inside Bar - WMT

30 minute chart

Stock: WMT
Entry Green Line: 55.61
Stop Red Line: 55.34
Result: .17 to .31
Setup Grade: B+

Notes: Long on 2nd green bar

* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

60 Minute Inside Bar - BHP

60 Minute Chart

Stock: BHP 60 minute chart
Entry Green Line: 70
Stop Red Line: 69.22
Result: .50 to 1.11
Setup Grade: B
Notes: Sell by the end of the day


* Grade is according my rules for each setup outline in my business plan. The grade is for the setup not the end result.

* Feel free to post any trades you made today that you would like commented on

60 Minute ISB breakout - NEM

60 Minute Chart

Daily Chart

Stock: NEM 60 Minute chart
Entry: 45.11
Stop: 44.74
Support from 5 or 20 EMA: Yes the 5 EMA
Result: .07 to .34 Gain

Note: If you are following my scale out chart you made money

60 Minute ISB breakout

60 Minute Chart

Daily Chart

Stock: BIG 60 Minute chart

Entry: 26.16

Stop: 25.98

Confirmation: several down days on the daily - snap back

Support from 5 or 20 EMA: Yes the 20 EMA

Entered off Green candle: no, with ISB setups I look more at retracement and a solid green WRB

Result: .13 to .27 gain

Note: Volume wasnt great but several down days with yesterday on heavier volume leads me to a snap back day. Scale out, my money management plan again made money even with the drop later in the day.