Sunday, July 24, 2011

Trade review 7-22-11

I got a few picks right on Friday...



Slow inching up again, a win for Bulls on the flat line cross above. Nothing to boast about, but this closed positive by over 1.5% today.



After an early dive, this moved positive briefly, which possibly faked out longs, though the candle printed below the flat line. More decay followed and it finished south by over 5.5% today.



A gap up began to advance at once, denying shorts any entry. It then moved sideways most of the way and closed strongly, ending up over 16.5% today.


This opened on a gap up at the lod. It moved north at once, denying shorts a play. After peaking early, and fell the rest of the way, but never broke under the flat line, closing up over 6.5% today.


A gap up fell at once under the flat line. An entry long on the return to green at the cross probably made a tiny profit, but I am calling it a push. After peaking near lunch, it gradually decayed, but the close was probably a bit above the probable entry point of the Bulls. Closed positive by over 1.5% today but under the open.


A gap up from the hod and crap prevented longs from entering. It dived from the start, heading under the flat line, when it continued to decay most of the way. Closed negative by over 14.5% today.


A gap down near the hod fell at once, preventing longs from acting. It never got over the previous close. It bottomed early, and recovered slowly all day. Still, it closed negative by over 3% today.

Daily record: W-1 L-1-P-5


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