Monday, May 14, 2012

Trade review 5-14-12

I got some of these things right today...



A clear win for shorts when a gap up and near crap a cent under the hod fell early. It rebounded and fell hard again, and once more near the finish, holding the initial high. Closed red by over 10% on Monday.


A gap up and go from the lod won for longs. It closed under the highs but still up over 13% on Monday.


A gap down fell on the noise candle, but thereafter filled and greened, going over 8. It then fell back under later for the entry short. It also crossed back under the flat line, for good, ending red by over 5.5% Monday.



A fake out loss when a gap down from the lod advanced early, and formally triggered in the afternoon. It soon closed weak, however, and likely under the buy point for longs. Positive by nearly 1.5% on Monday.


A gap up and crap from the hod fell early, but it hit above the trigger after the noise candle more than once, but did not make new highs. This could have faked out some longs, however.



A gap up near the lod advanced from the open, not giving shorts a chance. It kept up this march slowly and ended up almost 3% on Monday. A no play push. 


A gap down filled to over 6, but only on the noise candle. It fell from there, not allowing longs, soon going green to red. Lots of reddening followed, and it ended south by over 8.5% on Monday.

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


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