Wednesday, May 09, 2012

Trade review 5-9-12

I got some of them right on Wednesday...



A great long finally! This 2 cent gap up zoomed from the lod after brief sideways moves. It kept climbing most of the way, en route to a green finish of over 17.5% today.


A big gap down, but it filled early, triggering over 6. The flat line held most of the way, when a strong close ensued and it ended positive by almost 1.5% today.



A fake out loss possible here when this gap down fell under the open early and hard some candles close under there after the noise one. Soon it rebounded to the flat line, where it hung around most of the day until a strong close ended it up almost 1.5% today.



A very big gap up discouraged entries. It fell from the noise candle. When it rebounded, it failed to take out the initial high set in the 1st 5 minutes, so it was a no go. Hung around sideways with a weak close, ending up over 7% anyway due to the gapper. A no play push.


Shorts not likely faked out when this flat debut moved sideways initially, then up, with no closes on later candles under the open. After crossing the gap it slowly climbed, before moving sideways from lunch on, en route to a green finish of over 3.5% today. A no play push.


A no trigger off a clear gap down that fell initially, before filling. It stopped there and gradually headed back down, en route to a red finish of almost 3.5% today. A no play push.


Another gap down no trigger. It rose on the noise candle, did not fill, and headed back down. Up and down moves under the flat line followed, and it closed south by over 3.5% today. A no play push.

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


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