Trade review 6-28-10

I got a few right:

Hits:

NTMG

Green finish by nearly 13% this inched up mostly steadily advancing.

SVA

Very nice fade short on the 5ish test/fail. Tanked nearly from the gun, finishing red by 10% A gap down open prevented a true test of 5, but remember always failed chart patterns are often the most reliable signals. After the gapper (near session highs) the price action screamed failure, thus making it a fairly easy play to fade.

AVNA

Extension play gradually faded on a gap and crapish setup, steadily. Worked like a charm for the Bears.

Misses:

VYOG

It stayed above 3.70 but fairly this can be described as a loss over the price action in comparison to the prediction. Red by nearly 7%

AXN

Gap down open was a bad sign. This finished red by nearly 7% and was never a force for the Bulls.

Totals:
Daily record: W-3 L-2 
60% 


The blog has a terms of service. Be sure to read it at:


http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html