I got some of these picks right on this day...
Hits:
FFI
A gap up printed the hod on the noise candle and gradually fell under the flat line near lunch after initial sideways action for the fade entry. This continued all session, which closed south by over 14% today.
ZERO
A 1 cent gap down from the hod debut morning panic dumped from the noise candle, yielding a perfect short. It kept diving until near lunch, then it moved sideways into the finish, south by over 64.5% today.
HOGS
A narrow win for shorts when a gap down moved sideways and then below the open early on for the fade entry. It eventually recovered to the flat line and moved into the finish weakly, down by 1% today a few cents under the probable entrance price.
Misses:
CBR
Longs where faked out when a gap up advanced early and often, triggering. It then moved sideways until lunch, whereupon it began to decay, first meeting the flat line, then falling under, closing weak/red by 3%+
BKS
Longs were fake out when a gap up advanced early and often, triggering. It peaked in 30 minutes then began a long march down, first falling to the flat line, then under it in the afternoon, closing weakly/red over 3.5%.
Push:
CMC
Longs fortunately avoided a fake out here when a gap up triggered on the noise candle, but the next one closed flat and the following one well under the trigger. It then fell to the flat line, falling under it near lunch. It continued to decay the remainder, en route to a red finish of over 2% today. A push.
CTIX
A gap down near the hod fell on the noise, candle, denying longs any entry. It moved sideways with a slight incline under the flat line the remainder, en route to a down finish of over 9.5% today. A push.
Off record picks PURE did not fake out longs, since it opened on a gap up near the hod which was printed on the noise candle and that one reddened. A few up ones followed, but the high kept standing. Soon it marched back down to and under the flat line. A gradual decay followed to the close, red by over 8.5%.
Totals:
Daily record: W-3-L-2-P-2
60%
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Hits:
FFI
A gap up printed the hod on the noise candle and gradually fell under the flat line near lunch after initial sideways action for the fade entry. This continued all session, which closed south by over 14% today.
ZERO
A 1 cent gap down from the hod debut morning panic dumped from the noise candle, yielding a perfect short. It kept diving until near lunch, then it moved sideways into the finish, south by over 64.5% today.
HOGS
A narrow win for shorts when a gap down moved sideways and then below the open early on for the fade entry. It eventually recovered to the flat line and moved into the finish weakly, down by 1% today a few cents under the probable entrance price.
Misses:
CBR
Longs where faked out when a gap up advanced early and often, triggering. It then moved sideways until lunch, whereupon it began to decay, first meeting the flat line, then falling under, closing weak/red by 3%+
BKS
Longs were fake out when a gap up advanced early and often, triggering. It peaked in 30 minutes then began a long march down, first falling to the flat line, then under it in the afternoon, closing weakly/red over 3.5%.
Push:
CMC
Longs fortunately avoided a fake out here when a gap up triggered on the noise candle, but the next one closed flat and the following one well under the trigger. It then fell to the flat line, falling under it near lunch. It continued to decay the remainder, en route to a red finish of over 2% today. A push.
CTIX
A gap down near the hod fell on the noise, candle, denying longs any entry. It moved sideways with a slight incline under the flat line the remainder, en route to a down finish of over 9.5% today. A push.
Off record picks PURE did not fake out longs, since it opened on a gap up near the hod which was printed on the noise candle and that one reddened. A few up ones followed, but the high kept standing. Soon it marched back down to and under the flat line. A gradual decay followed to the close, red by over 8.5%.
Totals:
Daily record: W-3-L-2-P-2
60%
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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