Monday, May 21, 2012

Trade review 5-21-12

I got some of them correct today...



A gap down and go and an early red to green move yielded a long. It kept advancing until near lunch, then it moved sideways the remainder, en route to a positive finish of about 9% today.


A flat open from the hod advanced at once, peaking during lunch and yielding an easy long. It closed off its highs but still up by over 6% today.


A gap up and go from the near the lod triggered early and advanced, closing off of the highs but north by over 5.5% today. A win for buyers.



A gap up from the hod fell on the noise candle. The next one would have been about equal to the opening low, so it's a loss on commissions, as would be the entry a bit later. Closed off of the lows by over 5% today. Looks like a win on paper, but it's a probable loss with the price action sequence.



A huge gap up and go from near the lod zoomed up on the noise candle, denying shorts a chance. It closed off of the highs but still up over 24.5% today. A no play push.


The advanced, but opened on a big gap down to deter buyers, and it never triggered. It gradually climbed and filled by lunch, but that is all, whereupon it headed slowly back down. Closed south by at least nearly 4% today. Another no play push.


An early gap down from the lod gradually filled to and over the flat line. The likely entry point was either a slight win or break even affair. Closed nominally positive. A split decision is in order here.

Daily record: W-3-L-1-P-3


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