I got a few picks correct on Friday...
Hits:
END
This worked like a charm on the 10 fail as the hod printed on the noise candle. That fell under the flat line, and it kept falling for a 1/2 hour then mostly moved sideways, en route to a red finish of nearly 3.5% on Friday.
TAT
A steady fall under the opening price level yielded a short as this opened on a gap down at the hod. It rebounded somewhat the last hour, but it was still red by almost 3.5% on Friday and likely under the entry.
REE
Picture perfect on the 5 take/hold move. Opening a bit under on a gap up, it moved over for longs early then advanced all morning, before moving sideways and up into the close, which was positive by 19.5% on Friday.
ZUMZ
Early weakness on the noise candle yielded a red to green for longs. This rose up in the morning, and returned up in the afternoon. It closed weak (+1%) but just enough over the probable entry to eek out a bare profit.
Misses:
CPY
A fake out loss when a gap up rose positive early over the trigger after the noise candle, then tanked hard and red in the afternoon. It closed south by almost 9% on Friday after sucking early buyers in.
HGSI
Another fake out loss for longs when a gap up fell red early, then went red to green and soon over the trigger. It peaked early and gradually faded, closing positive but likely under the entry, north by nearly 3% on Friday.
DEXO
Still another fake out for longs. It fell red on the noise candle under the flat off a 1 cent gap up. Soon after a red to green move ensued. This did not last, peaking fast and gradually decaying to and under the flat line. It could not regain it and closed negative by over 2.5% on Friday.
Push:
None.
Off table pick GGAL also worked for longs on the 7.50 over/under angle. It opened just over on the noise candle, then fell red soon after. Then it red to greened and hit over the target level for good. It closed positive by nearly 2.5% on Friday. It was up a lot more than that but tanked late.
Totals:
Daily record: W-4-L-3-P-0
57%
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:
END
This worked like a charm on the 10 fail as the hod printed on the noise candle. That fell under the flat line, and it kept falling for a 1/2 hour then mostly moved sideways, en route to a red finish of nearly 3.5% on Friday.
TAT
A steady fall under the opening price level yielded a short as this opened on a gap down at the hod. It rebounded somewhat the last hour, but it was still red by almost 3.5% on Friday and likely under the entry.
REE
Picture perfect on the 5 take/hold move. Opening a bit under on a gap up, it moved over for longs early then advanced all morning, before moving sideways and up into the close, which was positive by 19.5% on Friday.
ZUMZ
Early weakness on the noise candle yielded a red to green for longs. This rose up in the morning, and returned up in the afternoon. It closed weak (+1%) but just enough over the probable entry to eek out a bare profit.
Misses:
CPY
A fake out loss when a gap up rose positive early over the trigger after the noise candle, then tanked hard and red in the afternoon. It closed south by almost 9% on Friday after sucking early buyers in.
HGSI
Another fake out loss for longs when a gap up fell red early, then went red to green and soon over the trigger. It peaked early and gradually faded, closing positive but likely under the entry, north by nearly 3% on Friday.
DEXO
Still another fake out for longs. It fell red on the noise candle under the flat off a 1 cent gap up. Soon after a red to green move ensued. This did not last, peaking fast and gradually decaying to and under the flat line. It could not regain it and closed negative by over 2.5% on Friday.
Push:
None.
Off table pick GGAL also worked for longs on the 7.50 over/under angle. It opened just over on the noise candle, then fell red soon after. Then it red to greened and hit over the target level for good. It closed positive by nearly 2.5% on Friday. It was up a lot more than that but tanked late.
Totals:
Daily record: W-4-L-3-P-0
57%
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