I got some picks right on Tuesday...
Hits:
BYD
A 1 cent gap up fell on the noise candle, then greened, yielding an entry. Mostly sideways price action followed, with a strong close ending up almost 4% today.
SSH
A win for longs on the gap up spike scalp over our entry prices and on a later morning trip to new highs. Stops would have held on an early flat line test that kept over it. Closed up over 7.5% today.
Misses:
MS
A possible loss on a fake out for some shorts, when this gap up fell to new lows early after the noise candle, though it did not take out the flat line. It reversed course thereafter and closed up almost 4% today.
Push:
FEED
A flat debut drifted up after the noise candle, denying shorts a chance but avoiding fake outs. It continued to climb until decaying into the close, but ended still positive by over 23% today.
JAG
A flat debut printed the hod on the noise candle. The following stick opened at the hod and fell, so it's unlikely anyone was faked out here by a cent. It gradually fell from there, staying positive and closing up by almost 4% today.
CECO
A 1 cent gap down printed the lod on the noise candle, and it began to drift up from there, soon greening. It stayed positive and continued to climb, ending up over 9.5% today. Shorts never had a play here.
SGMO
A 2 cent gap up fell on the noise candle. A rebound could only hug the flat line. A retest of the high could not make a new one, and it drifted negative for good. Closed south by almost 6% with no play for longs.
Off record play NSPR finally yielded a cheesy short, when a 2 cent gap down moved sideways with gradual decay. A weak closed ended it red by over 2% today.
Totals:
Daily record: W-2-L-1-P-4
66%
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:
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The blog has a terms of service. Be sure to read it at:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
Hits:
BYD
A 1 cent gap up fell on the noise candle, then greened, yielding an entry. Mostly sideways price action followed, with a strong close ending up almost 4% today.
SSH
A win for longs on the gap up spike scalp over our entry prices and on a later morning trip to new highs. Stops would have held on an early flat line test that kept over it. Closed up over 7.5% today.
Misses:
MS
A possible loss on a fake out for some shorts, when this gap up fell to new lows early after the noise candle, though it did not take out the flat line. It reversed course thereafter and closed up almost 4% today.
Push:
FEED
A flat debut drifted up after the noise candle, denying shorts a chance but avoiding fake outs. It continued to climb until decaying into the close, but ended still positive by over 23% today.
JAG
A flat debut printed the hod on the noise candle. The following stick opened at the hod and fell, so it's unlikely anyone was faked out here by a cent. It gradually fell from there, staying positive and closing up by almost 4% today.
CECO
A 1 cent gap down printed the lod on the noise candle, and it began to drift up from there, soon greening. It stayed positive and continued to climb, ending up over 9.5% today. Shorts never had a play here.
SGMO
A 2 cent gap up fell on the noise candle. A rebound could only hug the flat line. A retest of the high could not make a new one, and it drifted negative for good. Closed south by almost 6% with no play for longs.
Off record play NSPR finally yielded a cheesy short, when a 2 cent gap down moved sideways with gradual decay. A weak closed ended it red by over 2% today.
Totals:
Daily record: W-2-L-1-P-4
66%
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:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
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