Wednesday, September 21, 2011

Trade review 9-21-11

I got a couple of them right today...



A perfect fade from a gap up from the hod and crap ensued when it began to dive out of the open. After crossing the flat line, it continued until recovering to a degree in the afternoon, but closed below the probable entry point and red by over 5% today.


This worked like a charm when a gap down soon filled with a red to green move that took and held 1.50+ for the entry long. It kept going most the way, closing north by 10% today.



A possible loss on a fake out when early weakness yielded a red to green move that triggered a long. It was short lived, and a weak afternoon and close ended matters south by over 4% today.


Same as above when early greening after 5 minutes of trading sucked longs in. Soon it peaked, then began a long decay. A weak close ensued to finish south by nearly 4.5% today.


This triggered, but while it looked good most of the day, it tanked hard in the afternoon. A weak close ended matters for faked out longs by going down over 3% today.



A gap down and crap from the hod avoided fake outs for longs, but this no play fell over 11.5% today.


Arguably a win, as this was a playable scalp on the spike up over 2 at the gun. It fell back to the flat line and 2, but also offered a few new exits with at least a small gain when it lost momentum. Anyone staying past lunch might have lost money. A weak close ensued, but it finished positive by a bit more than 0.5% today.

Daily record: W-2 L-3-P-2


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