Thursday, September 06, 2012

Trade review 9-6-12

I got a few picks right today...

Hits:

BONT 

After early reddening, this was a buy on the red to green move. It stayed above the flat line the remainder, en route to a green finish of over 5.5% today.

PBY

A gap down and go from the lod soon triggered. It closed under the highs but still up over 1.5% today.

NSPR

The lod printed on the noise candle and this squeezed for more buyer gravy from near the start. It continued into the close, which was positive by almost 11.5% today.

Misses:

STVF

An early fake out for shorts was possible here when this fell under the flat line after the noise candle. It soon rebounded to green for good and closed positive by over 32% today.

SEE 

This triggered after the noise candle in the morning, then gradually decayed almost to the flat line the remainder, which led to a nearly unchanged close which would have been under the entry point.

DDMG

In the morning this triggered, closing above 1 several times, but then it fell back to the flat line, which it held, but then after an afternoon surge, it closed weakly and unchanged. This would have been under the entry.

Push:

ZLC 

Despite the up and down moves, this never triggered for the short by price. Early weakness led to a red to green move that gradually decayed in the afternoon, closing south by almost 2.5% today on a no play push.

Totals:
Daily record: W-3-L-1-P-3
75%   

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