Thursday, December 4, 2008

Gap &123 pullback - ADBE

5 Minute Chart

(Double Click Picture for a Larger View)
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Stock: ADBE 5 minute chart
Entry Bar: 4
Entry Green Line: 21.39 short
Stop Red Line: 21.67
Result: .39 to .54
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.

Learn to trade gaps

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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