I got one play correct today...
Hits:
SNPK
A perfect short arose when this dumped hard on the noise candle, then rose to and above the flat line. Once it fell back under, it was a clear fade. Even decay followed the rest of the day, en route to a red close of over 8.5% today.
Misses:
FBC
A fake out loss possible when a flat open advanced initially, then fell back to and under the open, yielding a short. This stayed negative and moved sideways most of the day, before it advanced and even greened into the close, ending up almost 1% today.
CMLS
A fake out loss when this dumped out of the box and kept tanking after the noise candle a bit. A bounce just failed to hit the stop area, then it fell a bit and moved sideways. A late push moved north and greened into the close, which was positive by over 2% today.
Push:
TISA
Big gap up negated entry. It moved up initially, moved sideways in the afternoon and decayed into the finish, closing a cent above the open in a ear daily doji but positive by over 27.5% due to the gapper. A no play.
PWAV
A gap and crap from a gap a cent under the hod that fell on the noise candle prevented any entries. After early weakness, it moved sideways and negative all session. Closing off the lows down almost 10.5% today.
PYMX
A flat open from the hod fell out of the gate, not triggering to give longs a chance. It soon rebounded, but did not reach the flat line, then it resumed decay lasting into the close, which was red by nearly 4.5% today.
CDTI
A big gap down discouraged entries, it also did not trigger long. the gap filled and decayed again, then rose to the flat line once more. A weak close ended negative by almost 6% today.
Totals:
Daily record: W-1-L-2-P-4
33%
New users: Read my trading guide for my play set-ups!
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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:
SNPK
A perfect short arose when this dumped hard on the noise candle, then rose to and above the flat line. Once it fell back under, it was a clear fade. Even decay followed the rest of the day, en route to a red close of over 8.5% today.
Misses:
FBC
A fake out loss possible when a flat open advanced initially, then fell back to and under the open, yielding a short. This stayed negative and moved sideways most of the day, before it advanced and even greened into the close, ending up almost 1% today.
CMLS
A fake out loss when this dumped out of the box and kept tanking after the noise candle a bit. A bounce just failed to hit the stop area, then it fell a bit and moved sideways. A late push moved north and greened into the close, which was positive by over 2% today.
Push:
TISA
Big gap up negated entry. It moved up initially, moved sideways in the afternoon and decayed into the finish, closing a cent above the open in a ear daily doji but positive by over 27.5% due to the gapper. A no play.
PWAV
A gap and crap from a gap a cent under the hod that fell on the noise candle prevented any entries. After early weakness, it moved sideways and negative all session. Closing off the lows down almost 10.5% today.
PYMX
A flat open from the hod fell out of the gate, not triggering to give longs a chance. It soon rebounded, but did not reach the flat line, then it resumed decay lasting into the close, which was red by nearly 4.5% today.
CDTI
A big gap down discouraged entries, it also did not trigger long. the gap filled and decayed again, then rose to the flat line once more. A weak close ended negative by almost 6% 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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