Wednesday, February 4, 2009

Gap and Go 10 minute - DSX

5 minute chart


10 Minute chart

(Double Click Picture for a Larger View)
.
Stock:DSX 10 minute chart
Entry Bar: 2
Entry Green Line: 15.00
Stop Red Line: 14.64
Result: .14 to
Setup Grade
: B
Notes: Entered off 10 minute chart using 5 minute to confirm. Scale out, leaving for day with stop at 15.05 after scaling out a small gain and exit at 15.75. Dont have time to wait for this one. Exiting all at close if neither target is hit.

* 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

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