Thursday, March 15, 2012

Trade review 3-15-12

I got a pick right today...

Hits:

VQ

A very narrow win after commissions when a gap up filled and fell on the noise candle, before greening and triggering. It fast peaked, and spent the rest of the day slowly returning up. It closed positive by somewhat less than 1% today.

Misses:

ECYT

A fake out loss after this rose out of the box following a gap up beyond the noise candle. It soon peaked, then headed back to and under the flat line. A weak close followed and it ended red by over 9.5% today.

AVII

This looks like a win on paper, but it's a loss just barely, once commissions are in. It moved over the trigger in the afternoon, then just went sideways a tiny tad down the remainder, ending north by over 3% today.

Push:

RAD

A gap and crap from the hod fell out of the gate, never giving longs a shot. It stayed negative all day en route to a south finish of nearly 3.5% today.

LPX

A clear gap down a cent above the lod rose at once after the hammer noise candle, and kept advancing to green early. It stayed positive all session, ending up over 2.5% today.

KV.A

A 1 cent gap down that failed to trigger. It advanced, greened, and almost did, then it began to head back down and under the flat line where it remained. More fading followed and it closed red by at least around 4% today and longs had no play.

STEM

A 1 cent gap up fell early, going green to red but flooring on the previous low and not exceeding it. It closed up on a daily doji about 1% due to the gapper. A no play for shorts. 

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

33%

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