I got 1 pick correct on Wednesday...
Hits:
FEED
Opening at the hod and falling from the noise candle, this one kept falling all session, rewarding patient shorts with a red finish of over 26% today.
Misses:
GSI
A fake out loss when this gap down debut fell after the noise candle, then recovered heading into the close. It ended south by over 0.5% today but likely above the short entry point.
APPY
A fake out loss for longs when this closed over 2 after the noise candle early on. It then gradually fell back to the flat line, closing up over 2% today but likely under the entry point for buyers.
Push:
HOV
A clear gap up printed the hod at the outset and could not best it, then it fast fell back to and under the flat line. It eventually greened moderately late, but could not touch earlier highs. Ended up almost 2% today.
ANR
A gap up near the hod that printed on the noise candle fell at once, denying longs a play. It rebounded from late morning on, but could not green, closing south by over 1.5% today.
ABFS
A big gap down filled and greened and printed the hod on the noise candle. The very next one opened under the trigger, and it and the high never again were challenged. It fell red and stayed under by almost 1.5%.
LZB
A clear gap up tried to fill on the noise candle but could not, preventing shorts from being faked out. The initial low held with mostly sideways moves the remainder, which ended positive by over 1% today.
Totals:
Daily record: W-1-L-2-P-4
33%
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Hits:
FEED
Opening at the hod and falling from the noise candle, this one kept falling all session, rewarding patient shorts with a red finish of over 26% today.
Misses:
GSI
A fake out loss when this gap down debut fell after the noise candle, then recovered heading into the close. It ended south by over 0.5% today but likely above the short entry point.
APPY
A fake out loss for longs when this closed over 2 after the noise candle early on. It then gradually fell back to the flat line, closing up over 2% today but likely under the entry point for buyers.
Push:
HOV
A clear gap up printed the hod at the outset and could not best it, then it fast fell back to and under the flat line. It eventually greened moderately late, but could not touch earlier highs. Ended up almost 2% today.
ANR
A gap up near the hod that printed on the noise candle fell at once, denying longs a play. It rebounded from late morning on, but could not green, closing south by over 1.5% today.
ABFS
A big gap down filled and greened and printed the hod on the noise candle. The very next one opened under the trigger, and it and the high never again were challenged. It fell red and stayed under by almost 1.5%.
LZB
A clear gap up tried to fill on the noise candle but could not, preventing shorts from being faked out. The initial low held with mostly sideways moves the remainder, which ended positive by over 1% today.
Totals:
Daily record: W-1-L-2-P-4
33%
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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