Wednesday, June 20, 2012

Trade review 6-20-12

I got 1 of them right today...



A gap up advanced except for the noise candle, yielding a long. By late morning it began to trade sideways with an upward bias. A strong closed ended it up over 8% today. A win.



A fake out loss when a gap up fell on the noise candle, then rebounded a bit before putting in new lows late morning to draw shorts in. It then rose soon after the remainder, closing down a bit over 0.5% today.


A fake out loss for longs when a 1 cent gap up began to close above the open after the noise candle. Soon after it began a slow decay down, eventually going red. It ended south in the 1% range.


Another fake out loss for shorts when a gap up fell early and closed under the trigger after the noise candle. It soon rebounded and greened, then spent the remainder bouncing around the flat line, closing unchanged.



This began to climb after the noise candle, and no candle closed below its initial low from then out. It bobbed up and down around the flat line the remainder, closing up a bit over 0.5% today. A no play push for shorts.


A gap down from the lod advanced, save for the noise candle. The prevented shorts. It traveled sideways by lunch, en route to a green finish of almost 8.5% today. A no play push.


The hod printed on the noise candle and only equaled but did not exceed the previous the session one. It fell right after and went red early, never giving longs a chance. It faded all session, en route to a down finish of almost 2.5% today.

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


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:

No comments: