Wednesday, March 14, 2012

Trade review 3-14-12

I got some of them correct on this day...

Hits:

JVA

A textbook afternoon fade when a clear gap down rose off the noise candle. It failed to reach the highs again, then headed down, going under the open in the afternoon for the short entry. It closed red by at least about 9.5% today.

STP

A gap up advanced early for the entry. It then moved sideways, but closed strongly for the win, up close to 3.5% today.

Misses:

SNTS

A fake out loss off an early red to green move from a 1 cent gap up that reversed. It recovered into the finish, and ended south nominally, but it's a loss after commissions.

Push:

DENN

A gap up advanced from the start, ruling out shorts. It pulled back, but held the flat line and rebounded easily. Closed positive by over 1.5% today on a no play.

IVAN

Looks like a win on paper, but after commissions this is likely a push given the probable entry points. It only for moments hit 1.02 and closed there. On a 1.01 fill it was just in the green. Positive end by 2% today.

BKS

A no trigger off a 2 cent gap down that advanced early, before reversing and reddening. It never regained the flat line, closing down almost 1.5% today.

SUSQ

See above. No trigger. A gap down failed to hit the entry price, though it did fill early before heading back south. Another try to the flat line failed around it, and it decayed into the close, red by almost 1.5% today.

Totals:
Daily record: W-2-L-1-P-4

66%

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