I got a few picks right on Thursday...
Hits:
MIMV
A gap down panic dumped out of the open, yielding a short entry. It then moved sideways the remainder, en route to a red finish of over 16.5% today.
LPHI
Shorts had 2 cracks at this when a gap down rose after the noise candle, broke 4 but held under the previous session high and fell back under, then it later cracked 3.50 and steadily decayed, closing down over 19% today.
MVG
After early weakness this overtook the open and gradually rose all session, staying over the flat line. It was a long after it printed above the open after the noise candle. It ended up over 3.5% today to win for buyers.
Misses:
NEXS
A fake out loss for shorts off early weakness under 0.85. It gradually worked back to over the flat line, but closed just over 1% up, but still above the likely entry for sellers.
Push:
CLNE
No play for shorts when a gap up from the lod advanced from the open. It stayed positive all session, heading to an up finish of over 0.5% without a trigger.
NOR
Not a likely loss for longs given the price action. A gap up printed the hod on the noise candle, the following decayed and the one after gapped down and ended right on 7. Up and down moves followed and 7 challenges ended right on that, not closes above there. It ended up over 0.5% today. A no play push.
ABFS
Again price action saved the day for longs from most fake outs. This gap up printed the hod on the noise candle, then it fell to and under the flat line. Well into the afternoon it recovered and doji printed over the trigger above the flat line, but it could not close above the entry point. It then moved sideways and down, closing south by close to 1% today. Another no play push.
Totals:
Daily record: W-3-L-1-P-3
75%
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
Hits:
MIMV
A gap down panic dumped out of the open, yielding a short entry. It then moved sideways the remainder, en route to a red finish of over 16.5% today.
LPHI
Shorts had 2 cracks at this when a gap down rose after the noise candle, broke 4 but held under the previous session high and fell back under, then it later cracked 3.50 and steadily decayed, closing down over 19% today.
MVG
After early weakness this overtook the open and gradually rose all session, staying over the flat line. It was a long after it printed above the open after the noise candle. It ended up over 3.5% today to win for buyers.
Misses:
NEXS
A fake out loss for shorts off early weakness under 0.85. It gradually worked back to over the flat line, but closed just over 1% up, but still above the likely entry for sellers.
Push:
CLNE
No play for shorts when a gap up from the lod advanced from the open. It stayed positive all session, heading to an up finish of over 0.5% without a trigger.
NOR
Not a likely loss for longs given the price action. A gap up printed the hod on the noise candle, the following decayed and the one after gapped down and ended right on 7. Up and down moves followed and 7 challenges ended right on that, not closes above there. It ended up over 0.5% today. A no play push.
ABFS
Again price action saved the day for longs from most fake outs. This gap up printed the hod on the noise candle, then it fell to and under the flat line. Well into the afternoon it recovered and doji printed over the trigger above the flat line, but it could not close above the entry point. It then moved sideways and down, closing south by close to 1% today. Another no play push.
Totals:
Daily record: W-3-L-1-P-3
75%
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:
Post a Comment