Friday, January 26, 2007

Day Trade: Short RIMM 30-min chart

Entry @ $124.25 / 700
Covered @ $125.00 ***update 1:35pm***




Entry : $124.25




Size : 700




Exit : $125.00




Stop Loss : $125.35




Risk : 1.1




P/L : ($525.00)




R : -0.68

2 comments:

Anonymous said...

What does 30 min chart mean (on all your posts) ? What specific setup did you see in the 30 min chart that prompted you to enter the trade ?

Thanks

mc said...

It means that I'm basing my trade on an intra-day 30-min / candlestick time-frame. Most common intra-day charts are 5/10/15/30/60 min charts.