Thursday, October 23, 2008

Double Dynamite - UNM Short

Daily Chart


15 Minute Chart

(Double Click Picture for a Larger View)

Stock: UNM 15 minute chart
Entry Bar: 10
Entry Green Line: 15.23 SHort
Stop Red Line: 15.36
Result: break even to .66 - scale as you go @ 2R and 4R gain - stop to even
Setup Grade
: B+
Notes: Scale as you go

* 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