Wednesday, August 25, 2010

Trade review 8-25-10

I got a few correct...

Hits:

CAEI

Some decent fading action, opening on a gap down but at the daily high, en route to a red finish of over 11%

SIAF

Weakened for a fade play, after opening on a gap up and then crap. Profit taking continued after the weakness hand it showed yesterday. It soon went red for a short scalp. Red close by 4% or so.

Misses:

CHTP

Ok, it fell decently from the bell, but only for the first 5 minutes. It see-sawed soon after, and eventually finished green, though only by 1% yet a loss is a loss and I only liked this short.

Push:

FLWS

Never really went up, or down. Finished essentially unchanged, so a push is order. At least I was right in that for today anyway, the price stabilized and stopped cliff diving.

DAKT

Despite its lower shadow low, this is a win...on paper. Finished green by less than 1% which hardly inspires. I was right about the direction, and some of the price action, and it did take and expand on 9.17 after a gap down open, but it took a number of hours. Arguably a push, or a cheap victory at best. Score it as a draw.

Totals:
Daily record: W-2 L-1-P-2
66%


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

No comments: