Wednesday, April 11, 2012

Trade review 4-11-12

I got a few plays right on this day...



A flat debut fell from the hod yielding a short.A later rebound held the initial highs, and it gradually decayed the remainder, closing south by over 5.5% today.


A gap up advances initially, but sported an afternoon fade in the final hours, going green to red and yielding a short. It closed south by over 6% today.


A gap up near the lod moved sideways and up, yielding a long. It started to fade by lunch, falling until near the close, which advanced strongly, ending up almost 1.5% today.



This dumped hard on the noise candle and just after, faking out some early shorts. 15 minutes in it reversed and later greened, keeping positive for good. Stops would have been tripped. Up by nearly 3.5% today.


This looks like a win, but it's a loss. A clear gap up at the hod fell at once, going green to red. Then it continued to stay negative, drawing shorts in. Soon it reversed course, eventually finishing unchanged. This would have been above the fade entrance point.



A no play push as longs never had a safe play. It opened on a gap down that printed the hod on the noise candle. It fell out of the gate, reddening, finishing down by over 9% today.


A gap up near the lod soared out of the gate, not giving shorts any opening. This continued the first hour before it stabilized and moved sideways essentially, finishing up over 78.5% today.

Daily record: W-3-L-2-P-2


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