Tuesday, May 8, 2012

Gap and Go - 15 minute - LXK

Daily Chart
 
15 Minute Chart
.
Stock: LXK
Entry Bar: 2
Time Frame: 15 Minute
Entry Point: 28.64
Stop: Conservative 28.96 or more risky 28.74 using 5 minute chart
Exit Goal: 28.05 but scale as you go
Result: Still in but scaled out 1/2
All or Nothing Result:
Notes:Weak Day, Weak Daily and nice setup on the 15 minute with 5 and 20 SMA support

* 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.

1 comment:

Rudy said...

Very interesting article and useful. I would like to visit your blog if your blog keep update!

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