I got some picks right today...
Hits:
MUI
A win for longs as this began to bounce out of the open, going red to green off a gap down. It ended positive by close to 1% today and above the trigger for a small gain.
XIDE
A trigger entry on a red to green from a gap down for longs. It closed off the highs, but up by nearly 2% today, never looking back for the win.
ONVO
An easy win for shorts on a 2 cent gap up and crap from the hod. It began to weaken early going green to red for the entry, then it sported an ideal afternoon dump which finished south by over 8.5% today.
Misses:
FALC
A fake out loss possible when a gap down continued to make new lows after the noise candle. Since it was not a big gap down, some shorts could have bit. It soon began a rise to and over the flat line. It stayed at least even until a weak close ensued and it ended down a bit over 0.5% today.
TNK
A fake out loss for longs when this gap up closed below the open but still positive by over 0.5% due to the gapper. It moved up early beyond the noise candle to draw buyers in. Then it petered out, eventually closing all the way to the flat line almost by day's end.
Push:
HUSA
A no trigger push when this gap down tried to fill but fell short and continued to slide under the flat line, never giving longs a chance. Closed down over 9.5% today.
OSG
This only fell on the noise candle, and shorts did not have a play when on the following candle it hammered and closed above its open. Then it ripped to and over the flat line. It hugged it most of the day until late moves up followed, though it closed weakly and only up by over 1.5% today.
Totals:
Daily record: W-3-L-2-P-2
60%
New users: Read my trading guide for my play set-ups!
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Hits:
MUI
A win for longs as this began to bounce out of the open, going red to green off a gap down. It ended positive by close to 1% today and above the trigger for a small gain.
XIDE
A trigger entry on a red to green from a gap down for longs. It closed off the highs, but up by nearly 2% today, never looking back for the win.
ONVO
An easy win for shorts on a 2 cent gap up and crap from the hod. It began to weaken early going green to red for the entry, then it sported an ideal afternoon dump which finished south by over 8.5% today.
Misses:
FALC
A fake out loss possible when a gap down continued to make new lows after the noise candle. Since it was not a big gap down, some shorts could have bit. It soon began a rise to and over the flat line. It stayed at least even until a weak close ensued and it ended down a bit over 0.5% today.
TNK
A fake out loss for longs when this gap up closed below the open but still positive by over 0.5% due to the gapper. It moved up early beyond the noise candle to draw buyers in. Then it petered out, eventually closing all the way to the flat line almost by day's end.
Push:
HUSA
A no trigger push when this gap down tried to fill but fell short and continued to slide under the flat line, never giving longs a chance. Closed down over 9.5% today.
OSG
This only fell on the noise candle, and shorts did not have a play when on the following candle it hammered and closed above its open. Then it ripped to and over the flat line. It hugged it most of the day until late moves up followed, though it closed weakly and only up by over 1.5% today.
Totals:
Daily record: W-3-L-2-P-2
60%
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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