Thursday, October 2, 2008

Gap and Go Short - BNI

5 Minute Chart

Daily Chart

(Double Click Picture for a Larger View)

Stock: BNI 5 minute chart
Entry Bar: 2
Entry Green Line: 86.10 short
Stop Red Line: 88.97
Result: 1.50 to 3.00 hold some all day
Setup Grade
: B
Notes: Less shares with large stop

* 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