Thursday, November 4, 2010

60 minute chart

5 minute chart

(Double Click Picture for a Larger View)
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Stock:NQ emini
Entry Bar: 9:45 red bar
Time Frame: 5 minute chart

Entry Green Line: 2184 Short
Stop Red Line
: 2187
Result
: out 77 consolidation
Notes: top of the channel on 60 minute NQ...market strong ...but I was looking for a pullback at open.

* 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.

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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