Sunday, September 23, 2012

Trade review 9-21-12

I got some of them correct on Friday...

Hits:

GOK

A gap up from the hod fell from the noise candle with a steady decay, yielding a short. It continued to flounder under the flat line, closing south by over 12.5% on Friday.

AL

A win for longs when a gap up fell to the flat line initially, then rose to trigger. It then moved sideways and a bit down at the end to finish up over 1.5% on Friday.

Misses:

CBEY

A gap up advanced after the noise candle, triggering a long. Then it fell back to and finally under the flat line. Closing on a high note, it ended up just a hair, but that was likely below the entry price.

ZAGG

A gap up zoomed north on the noise candle, then moved sideways and over the trigger, faking out longs when it soon fell back to the flat line. It moved over to positive in the afternoon, but a weak closed ended it up just a tad, likely below the entry price.

XCO

After some sideways moves following a flat debut, this triggered early and in the afternoon, taking in some longs who saw it close about a cent under the likely entry price. With commissions, a loss seems ever clear.

ITMN

This opened on a gap up and advanced after the noise candle to trigger for longs. It then moved sideways and faded into the finish to close up over 1% on Friday but likely under the entry price.

Push:

TSTC

Opening flat under the flat line, this moved sideways a bit then moved up, greening. Shorts had no play. It advanced a lot more, then traveled sideways the remainder, up almost 5% on Friday.

Totals:
Daily record: W-2-L-4-P-1
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

No comments: