Thursday, October 9, 2008

30 Minute breakdown - ANF

5 minute chart- shorter time frame

5 minute chart longer time frame

(Double Click Picture for a Larger View)

Stock: ANF
Entry Bar: 10
Entry Green Line: 29.99 shortStop Red Line: 30.40
Result: Made 1R - moved stop to even - scratch trade
Setup Grade
: B-
Notes: Just missed a nice winner as I was stopped out even - would have been a 6 plus winner, a wider stop then usual but, liked the tail above the 5ema
* 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