Tuesday, July 24, 2012

Trade review 7-24-12

I got a few picks right on Tuesday...



A late morning crack worked wonder for shorts off a modest gap up. It kept diving most of the way, en route to a red finish of over 51% today.


This moved sideways out of the open, off a 1 cent gap down. Then it advanced in the afternoon, yielding a long. It kept going, closing up over 3.5% today.


A perfect play and call off a gap up from near the hod and 3. It fell from the noise candle and kept going, en route to a red finish of almost 14.5% today.



A fake out loss for longs after a trigger in the afternoon off an original gap down. It soon decayed to and under the flat line, closing weakly down near 3.5% today.



A gap up rose out of the gate, staying positive and moving sideways, so shorts had no play. It closed up over 10% today. A no play push.


A no trigger push when a gap down advanced and greened but did not reach the entry price. Another try did not exceed it, and it fell the remainder below the flat line and south by over 3% today.


A gap up which printed the hod on the noise candle and fell from it. No bounce or trigger happened so it was a wash. Ended south almost 14.5% today after sideways moves under the flat line.

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

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