Monday, October 6, 2008

10 Minute Gap and Go Short - AME

5 Minute Chart

Daily Chart

(Double Click Picture for a Larger View)


Stock: AME 10 minute chart
Entry Bar: 2
Entry Green Line: 35.58 SHORT
Stop Red Line: 36.30
Result: 1.63 to 2.30
Setup Grade
: B+
Notes: Market is crazy!!

* 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.

No comments:

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