Sunday, January 4, 2009

Gap and Go - BHP

5 minute chart

(Double Click Picture for a Larger View)
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Stock:BHP
Entry Bar:2
Entry Green Line:44.18
Stop Red Line: 43.81
Result: .27 to 2.04
Setup Grade
: B+
Notes: scale out hold some all day

* 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