Monday, January 30, 2012

30 Minute Breakdown - RCL


5 and 15 Minute Chart
.
Stock: RCL
Entry Bar: At teh 20SMA
Time Frame: 5 Minute
Entry Point: 26.89
Stop: 27.05
Exit Goal: 26.52
Result:Stopped out
All or Nothing Result: Stopped
Notes: A little shaky and early on 5 minute chart but tight on the 20sma in weak market....
* All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless it’s the end of the day. Feel free to post any trades you made today that you would like commented on.

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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