Tuesday, May 15, 2012

15 Minute Candlestick breakout - AOL

Daily Chart
 
15 Minute Chart
 
.
Stock: AOL
Entry Bar: 2
Time Frame: 15 Minute
Entry Point: 26.34
Stop: 26.13
Exit Goal: Scale as I go but shooting for near 27
Result:yes
All or Nothing Result: ALL
Notes: Was on my watch list this AM with narrow range daily bar. Liked the support from 20 and 5 SMA. Didn't catch it all only a piece but that's the name of the game.


* 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