I got a couple of picks right on Friday...
Hits:
MEMS
An early red to green long emerged to win for buyers. New yearly highs on the cross. This followed a flat open and early weakness. Closed positive by over 5% on Friday.
JRCC
An early trigger win for longs just after the noise candle worked for longs. Closed off of the highs, but still positive by over 3% on Friday.
Misses:
GFIG
Early strength after the noise candle soon fell back under the flat line following a gap up. Recovered into the close, but ended up about 0.5% on Friday and factoring in commissions, a slight loss for eager longs resulted.
PATH
Another early fake out possible, though less likely than on the above stock, when this gap up hit the trigger after the noise candle, though meekly. Soon it spiraled down and below the flat line, where it stayed most of the day. A strong close ensued and it ended up over 0.5% on Friday.
Push:
RVSN
Moving flat and slightly up to refute short entries, this eventually closed unchanged on the day. A no play.
FBN
This fell on the noise candle, going red, only rising seriously to trigger levels in the last few minutes, when it was too late to enter. A no play that ended up over 2.5% Friday which looks like a win but is actually a push.
MUI
This continued to dump, out of the open, and longs had not play to bounce on it. It never recovered after solidly reddening early, closing south by over 1% on Friday.
Totals:
Daily record: W-2-L-2-P-3
50%
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:
MEMS
An early red to green long emerged to win for buyers. New yearly highs on the cross. This followed a flat open and early weakness. Closed positive by over 5% on Friday.
JRCC
An early trigger win for longs just after the noise candle worked for longs. Closed off of the highs, but still positive by over 3% on Friday.
Misses:
GFIG
Early strength after the noise candle soon fell back under the flat line following a gap up. Recovered into the close, but ended up about 0.5% on Friday and factoring in commissions, a slight loss for eager longs resulted.
PATH
Another early fake out possible, though less likely than on the above stock, when this gap up hit the trigger after the noise candle, though meekly. Soon it spiraled down and below the flat line, where it stayed most of the day. A strong close ensued and it ended up over 0.5% on Friday.
Push:
RVSN
Moving flat and slightly up to refute short entries, this eventually closed unchanged on the day. A no play.
FBN
This fell on the noise candle, going red, only rising seriously to trigger levels in the last few minutes, when it was too late to enter. A no play that ended up over 2.5% Friday which looks like a win but is actually a push.
MUI
This continued to dump, out of the open, and longs had not play to bounce on it. It never recovered after solidly reddening early, closing south by over 1% on Friday.
Totals:
Daily record: W-2-L-2-P-3
50%
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