Tuesday, September 9, 2008

Double Dynamite - OI Short

15 Minute Chart

(Double Click Picture for a Larger View)
Stock: OI 15 minute chart
Entry Bar: 11
Entry Green Line: 39.39 Short
Stop Red Line: 39.64
Result: .25 to 1.58 - 5R gainer
Setup Grade
: B+
Notes: Scale out and let it run all 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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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 & TD AMERITRADE