I got a pick correct on Friday...
Hits:
CRIS
A win for longs when a flat open fell on the noise candle, but greened next. It fell back under and greened again, but this time for good. A gradual climb followed. It ended up over 1.5% on Friday and either r/g entry was likely profitable.
Misses:
CPY
Some buyers could have lost here when a slight gap up fell from the open. 10 minutes in it rose and went red to green. But that did not last. Soon it fell back under for good, faking out longs. Ended down by over 3.5% on Friday.
MSW
A fake out loss when a flat debut fell out of the gate, going under the opening price level after the 1st 5 minutes. It bottomed in 55 minutes then reversed, going all the way green later on. It fell back to and just under the flat line in the afternoon, closing down by less than 0.5% on Friday but likely above the entry area.
Push:
INSP
Looks like a bare win on paper, but it was a push. A gap down printed the lod on the noise candle and advanced at once. 2 pull backs held the low and perked off it. It nearly closed the gap by day's end and finished south by less than 0.5% on Friday.
CGA
A big gap down essentially advanced out of the open, but still failed to trigger or close it. Up and down moves and a weak close followed on a no play that ended down by nearly 4.5% on Friday.
PACB
Another no trigger non-play. A gap down printed the hod on the noise candle and did not get over the entry price. A gradual decay until lunch ensued, then sideways price action followed until it closed south by over 3% on Friday.
SD
Longs had no safe play when it reversed A/H and opened on a big gap up that also advanced strongly on the noise candle. It barely moved up on the next one, then fell steadily back under the open and bottomed within an hour. A slow rise followed until it closed up nearly 4.5% on Friday yet under the open due to the gapper.
Totals:
Daily record: W-1-L-2-P-4
33%
New users: Read my trading guide for my play set-ups!
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:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
Hits:
CRIS
A win for longs when a flat open fell on the noise candle, but greened next. It fell back under and greened again, but this time for good. A gradual climb followed. It ended up over 1.5% on Friday and either r/g entry was likely profitable.
Misses:
CPY
Some buyers could have lost here when a slight gap up fell from the open. 10 minutes in it rose and went red to green. But that did not last. Soon it fell back under for good, faking out longs. Ended down by over 3.5% on Friday.
MSW
A fake out loss when a flat debut fell out of the gate, going under the opening price level after the 1st 5 minutes. It bottomed in 55 minutes then reversed, going all the way green later on. It fell back to and just under the flat line in the afternoon, closing down by less than 0.5% on Friday but likely above the entry area.
Push:
INSP
Looks like a bare win on paper, but it was a push. A gap down printed the lod on the noise candle and advanced at once. 2 pull backs held the low and perked off it. It nearly closed the gap by day's end and finished south by less than 0.5% on Friday.
CGA
A big gap down essentially advanced out of the open, but still failed to trigger or close it. Up and down moves and a weak close followed on a no play that ended down by nearly 4.5% on Friday.
PACB
Another no trigger non-play. A gap down printed the hod on the noise candle and did not get over the entry price. A gradual decay until lunch ensued, then sideways price action followed until it closed south by over 3% on Friday.
SD
Longs had no safe play when it reversed A/H and opened on a big gap up that also advanced strongly on the noise candle. It barely moved up on the next one, then fell steadily back under the open and bottomed within an hour. A slow rise followed until it closed up nearly 4.5% on Friday yet under the open due to the gapper.
Totals:
Daily record: W-1-L-2-P-4
33%
New users: Read my trading guide for my play set-ups!
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:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
No comments:
Post a Comment