Monday, May 09, 2011

Trade review 5-9-11

I got some of them right today...



More boring, steady inching up. Opening flat, this continued all day, and it closed up nearly 2% today. The lod printed in the initial noise candle.


A gap down open near the hod fell nicely, closing off of the lows and well under the debut but still red by nearly 13% today.


A flat open at the hod fell from near the bell. It closed off of its lows with gradual recovery but it still ended down nearly 9% today. Sell volume was light but the play was easy enough.


A gap up open steadily inched up most of the day. It closed off of the highs and faded somewhat in the afternoon, but still closed positive by over 6.5% today.



This looks like a win, but since I am honest, it's not due to price action and probable rules based entry. The 1st chance would have entered below where it closed at. It did reach 5ish cents intra-session, but technically speaking this is a loss. Closed negative by over 11% today, but appearances are deceiving here.



This moved sideways out of the open and soon advanced, giving shorts no entry. It peaked in the 1st 30 minutes, and faded the rest of the way, but still remained green. Closed positive by over 4% today.


A gap up went sideways a while early, then strongly up. No short entry arose. It faded the remainder from lunch on but still closed positive by over 3.5% today.

My off table pick TACT started on a gap down slightly that hugged the flat line and essentially went nowhere all day. It closed down a bit over 1 half of 1 percent. Good thing I picked the other yearly high selection.

Daily record: W-4 L-1-P-2

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:

No comments: