I got a play right today...
Hits:
SHOR
A gap up at the lod advanced from the noise candle. A modest win possible when this move continued for while. A retrace held the flat line easily and it returned to earlier levels. It only fell back to near the open at the end, where most would have been out, though other late exits probably banked a bit after trading fees.
Misses:
PROJ
A late morning red to green move that made new highs sucked in longs, but reversed into the close, to end down by almost 1.5% today. A fake out.
ROYL
An early red to green move sucked in longs. This peaked in an hour and gradually declined, going red for good by lunch. It then finished south by over 6.5% today.
Push:
ALIM
A huge gap up prevented entry. It moved mostly sideways today closing up over 70.5% but below the open.
MEA
A gap up moved mostly sideways all day, not giving shorts a play without a fill occurring. Closed positive by around 3% today on a no play.
CDCAQ
A big gap down at the lod prevented any long, though it did spend a lot of time filling, but holding 3.75 mostly to ensure flat stances would be adopted. Closed unchanged on low volume. Another no play push.
BELDF
A gap up a cent under the hod moved sideways and then down from the open, going green to red early and never recovering to the flat line again. Longs had no play here to enter. Closed down by about 3% today.
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:
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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:
SHOR
A gap up at the lod advanced from the noise candle. A modest win possible when this move continued for while. A retrace held the flat line easily and it returned to earlier levels. It only fell back to near the open at the end, where most would have been out, though other late exits probably banked a bit after trading fees.
Misses:
PROJ
A late morning red to green move that made new highs sucked in longs, but reversed into the close, to end down by almost 1.5% today. A fake out.
ROYL
An early red to green move sucked in longs. This peaked in an hour and gradually declined, going red for good by lunch. It then finished south by over 6.5% today.
Push:
ALIM
A huge gap up prevented entry. It moved mostly sideways today closing up over 70.5% but below the open.
MEA
A gap up moved mostly sideways all day, not giving shorts a play without a fill occurring. Closed positive by around 3% today on a no play.
CDCAQ
A big gap down at the lod prevented any long, though it did spend a lot of time filling, but holding 3.75 mostly to ensure flat stances would be adopted. Closed unchanged on low volume. Another no play push.
BELDF
A gap up a cent under the hod moved sideways and then down from the open, going green to red early and never recovering to the flat line again. Longs had no play here to enter. Closed down by about 3% today.
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
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