Tuesday, April 17, 2012

Trade review 4-17-12

I got some of them correct on this day...

Hits:

SIGM

An early trigger kept going for a long, advancing all day ending up nearly 7.5% today.

HAUP

A 1 cent gap down fell from the hod, yielding an early short, which ended red by nearly 9% today.

SEFE

Another day up as predicted when this advanced from the gun. It continued, greening by almost 9.5% today.

RENN

This is a win even on the early just after noise candle entry, since stops easily held. Best entry was after it moved under the open late morning. A gentle decline ensued and it closed -3.78% under the likely entrance.

Misses:

CNSL

A fake out on early moves up after the noise candle which triggered. It did fine most of the way until a weak close ended it up a bit less than 1% today. This was a few cents under the probable entrance point long.

Push:

SNPK

This moved up from the gun, not giving shorts any play. No fake outs likely on this clear price action. It kept advancing all session, en route to a green finish of over 13.5% today.

BBX

Another move up from the gun fooled no shorts, who had no play at any time. It retreated early but not ever under the open. An even climb followed and it closed positive by over 9% today.

Off record potential swing LFVN just went sideways, however it still lives around 3 so it might be viable yet. An entry around 20 minutes in (likely point) over 3 is under a water a bit, it ended red by over 1% at 3.

Totals:
Daily record: W-4-L-1-P-2

80%

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