Monday, December 15, 2008

Wedge Buster - RGLD

15 minute chart

(Double Click Picture for a Larger View)

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Stock:RGLD 15 minute chart
Entry Bar:4
Entry Green Line: 40.09
Stop Red Line: 39.67
Result: .77 to 1.28
Setup Grade
: B
Notes: scale as you go, be sure you are taking some from the quick gainer, move stop to even.

* 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

1 comment:

bl said...

Alot of golds ralled at the open.

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