Tuesday, January 6, 2009

Gap and Go 15 minute - TNA

15 minute chart


5 minute chart

(Double Click Picture for a Larger View)
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Stock:TNA
Entry Bar:4
Entry Green Line: 38.01
Stop Red Line: 37.42
Result: even to .69
Setup Grade
: B
Notes:Scale as you go, get that stop to even, little extended on the daily

* 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