I got some of these things right...
Boring win but I will take it. Aside from the first useless 5 minute noise candle, it zoomed up green but not too much. Then it fell back red in the 1st 30 minutes to yield a fade entry. This recovered late but most would have exited by then. Into the close it regained its decline and finished red by over 2% today.
Opening on a modest gap up near the hod, this gradually decayed and accelerated in the afternoon. Closed red by over 11% today.
The beat went on. It did test 2, and eventually took it out and held above it. Closed on the hod, which was green by over 5.5% today.
More upside indeed was in store initially, as opined. This yielded an early long. We broke 0.50 as suggested, then a perfect afternoon fade ensued and it even went green to red. This was a shorting signal. Closed above the lows, but still negative by over 10% today.
Choppy price action could have lost money both ways here. True, it finished lower than it opened and I was predominately short biased, but the whipsaw merits a loss. Opening on a gap up, it soon went negative, then positive, then negative, then closed green by over 1.5% to end the wild ride.
I was hoping for a spike up open to long scalp, this did not really happen. It fell out of the gate, then recovered during the first hours to go green. It fell back red, this time for good, before lunch. A top fishing fade would have been needed to bank on this, almost. I got that right, but all things considered, a loss calls.
I said to keep flat on further greening, and I was right about not being short, but a long would have been a killer play, admittedly. Opening on a gap up at the lod, it zoomed up from near the gun. It declined in the afternoon, finishing below the highs, but still green by over 60% today.
Daily record: W-4 L-2-P-1
Review my blog at Investimonials:
Follow me now on Twitter:
Watch my instructional trading videos on YouTube:
Subscribe to Big T by e-mail:
Subscribe to Big T in a news reader:
The blog has a terms of service. Be sure to read it at: