Thursday, April 9, 2009

Gap and Go 15 minute - TGT

15 minute chart

Daily Chart

(Double Click Picture for a Larger View)
.
Stock:TGT
Entry Bar:2
Entry Green Line: 39.37
Stop Red Line: 38.87 on 5 minute chart or Low of Day 38.37
Result: Still in trade, done for the day as this plays out.
Setup Grade
: B+
Notes: Scale as you go, lots of room to run 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

1 comment:

Anonymous said...

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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