I got some picks correct today...
Hits:
NEWL
A gap down from the hod fell at once, yielding a short. A rebound held the flat line easily, and it continued to decay all session, en route to a red finish of over 18.5% today.
GPRC
A gap up and crap from the hod fell out of the gate, soon yielding a short. An hour and 20 minutes in it began to climb back up, but still ended negative by well over 1.5% today and likely under the entry point.
FRP
An early red to green from a gap down provided an entry long, as did a return to positive in the afternoon. The previous session low held on reversals, so the strong finish won by ending up over 1.5% today.
SINO
A clear gap up and crap yielded a short, which occurred after early up moves began decaying mid-morning. Once it traded under the open after the noise candle it was a fade. Closed down by almost 10% today.
Misses:
LDK
Early moves up after the noise candle triggered, but it soon headed back down and below the flat line on longs. A recovery eventually hung around the flat line and closed red by a bit over 0.50% today. A loss.
MNTX
A loss on early up moves beyond the noise candle. These did not last, and it hung around the flat line most of the way, en route to a red finish of over 1% today. The entry point long was above the close, so it's a loss.
Push:
DNDN
After the noise candle early moves up wavered around the flat line. It began decaying in earnest in the late afternoon into the finish, but did not trigger. Closed south by somewhat less than 1.5% today on a no play.
Totals:
Daily record: W-4-L-2-P-1
66%
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Hits:
NEWL
A gap down from the hod fell at once, yielding a short. A rebound held the flat line easily, and it continued to decay all session, en route to a red finish of over 18.5% today.
GPRC
A gap up and crap from the hod fell out of the gate, soon yielding a short. An hour and 20 minutes in it began to climb back up, but still ended negative by well over 1.5% today and likely under the entry point.
FRP
An early red to green from a gap down provided an entry long, as did a return to positive in the afternoon. The previous session low held on reversals, so the strong finish won by ending up over 1.5% today.
SINO
A clear gap up and crap yielded a short, which occurred after early up moves began decaying mid-morning. Once it traded under the open after the noise candle it was a fade. Closed down by almost 10% today.
Misses:
LDK
Early moves up after the noise candle triggered, but it soon headed back down and below the flat line on longs. A recovery eventually hung around the flat line and closed red by a bit over 0.50% today. A loss.
MNTX
A loss on early up moves beyond the noise candle. These did not last, and it hung around the flat line most of the way, en route to a red finish of over 1% today. The entry point long was above the close, so it's a loss.
Push:
DNDN
After the noise candle early moves up wavered around the flat line. It began decaying in earnest in the late afternoon into the finish, but did not trigger. Closed south by somewhat less than 1.5% today on a no play.
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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