I got a few picks right on this day...
Hits:
NFEC
A 2 cent gap down with a noise candle hod fell on the next one, and kept falling for the short. It soon fell under the flat line and continued decaying, closing south by over 16.5% today.
BIZZ
A flat open near the hod decayed a few times, with the previous session hod holding easily. It continued to decay in the afternoon, ending down 6% today.
VRNG
A gap up from the hod crapped at once, yielding a short. A gradual decay followed, ending south by over 3% today. An afternoon rally held the initial high, and it weakened into the finish.
CREG
A gap up from the hod crapped at once, yielding a short. A gradual decay followed, ending down by over 13% today.
Misses:
SEFE
Another fake out loss possible after a gap up fell initially, but held the previous session closing price. It advanced, but started to decay near lunch, falling to and under the flat line. It closed under the previous close for a possible fade, then zoomed back positive, where it stayed. A green close by over 4% ended today.
WG
After a weak noise candle, this zoomed north, easily triggering. It peaked about 35 minutes in, then began to fall. By lunch it was under the open and flat line. A late rally sent it somewhat positive, but a weak finish ended it unchanged on the day. This would have been under the likely entry point.
Push:
FCEL
A flat open near the hod printed it on the noise candle, and fell at once. No trigger for longs. This dropped under the flat line and kept falling, closing south by over 7.5% today. A no play push.
Totals:
Daily record: W-4-L-2-P-1
66%
New users: Read my trading guide for my play set-ups!
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Hits:
NFEC
A 2 cent gap down with a noise candle hod fell on the next one, and kept falling for the short. It soon fell under the flat line and continued decaying, closing south by over 16.5% today.
BIZZ
A flat open near the hod decayed a few times, with the previous session hod holding easily. It continued to decay in the afternoon, ending down 6% today.
VRNG
A gap up from the hod crapped at once, yielding a short. A gradual decay followed, ending south by over 3% today. An afternoon rally held the initial high, and it weakened into the finish.
CREG
A gap up from the hod crapped at once, yielding a short. A gradual decay followed, ending down by over 13% today.
Misses:
SEFE
Another fake out loss possible after a gap up fell initially, but held the previous session closing price. It advanced, but started to decay near lunch, falling to and under the flat line. It closed under the previous close for a possible fade, then zoomed back positive, where it stayed. A green close by over 4% ended today.
WG
After a weak noise candle, this zoomed north, easily triggering. It peaked about 35 minutes in, then began to fall. By lunch it was under the open and flat line. A late rally sent it somewhat positive, but a weak finish ended it unchanged on the day. This would have been under the likely entry point.
Push:
FCEL
A flat open near the hod printed it on the noise candle, and fell at once. No trigger for longs. This dropped under the flat line and kept falling, closing south by over 7.5% today. A no play push.
Totals:
Daily record: W-4-L-2-P-1
66%
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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