Thursday, July 05, 2012

Trade review 7-5-12

I got a few picks right on this day...



Shorts won when a gap down did not close and it traded under the open after the noise candle. It rebounded somewhat but closed weakly to end down almost 5% today. 


A winning long on steady moves up over 4 as hoped for. The low float stock tape printed twice in the afternoon it appears, but those candles were no big deal. Closed positive by at least over 6% today.


A nice long from the get go, advancing for the initial hour before going mostly sideways. It closed up over 3.5% today. A win.


A fake out for shorts when a 1 cent gap down fell early and often, then rallied back and strongly greened into the close from the afternoon, to finish up over 4% today.


After an up noise candle, this fell. But it recovered just enough to sport candles above my stated trigger following the initial print. It gradually decayed and went negative late, closing south over 2.5% today. A loss.



A gap down equaled but did not exceed the trigger price, so it was a no play push. It steadily fell from the noise candle with the hod on that, giving longs no chance.


A likely push due to the timing and price action. Longs likely did not ever enter. Daily doji print from a flat debut that fell early, only greening briefly near lunch. It hit over 3.47 but closed under on a red candle. Then it immediately headed sideways and down, hugging the flat line, en route to a nominally up close. No play.

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


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