Thursday, January 11, 2007

Day Trade: Long GS 30-min chart

Entry @ $208.95
Exit @ $212.30

  • The stock is broke out of FLAT channel yesterday on good volume. A possible continuation play
  • Long entry at $208.95 on the break of the high of the 2nd cstick
  • Initial stop at $207.95 which is the low of the 2nd cstick
  • Sold 300 shares at $212.34 before the close
  • Trade closed with a gain of $1017 ( +3.4R )


Bubs said...

Hey Pinoy,

Just wondering what scanner you use to find the "high volume movers" and how you decide which trades to take after the scan?


mc said...


I use IQCHART for my intra-day scan. It is not the best or most sophisticated charting tool but I love the simplicity of the layout and the easy-style scripting