Wednesday, October 10, 2012

Trade review 10-10-12

I got a few picks right on this day...

Hits:

EOPN

A gap down near the lod slowly rose for longs to green early after some initial weakness. This stayed over the flat line the remainder, en route to an up session of nearly 2% today.

BSDM

A 1 cent gap down began to crack under 2 about 15 minutes in, yielding a short. It began to fall more seriously a few minutes later and then moved sideways into the finish, which was red by over 10% today.

EKNL

A gap down fell from the hod for shorts, yielding an early entry. It continued to dive until near the close, when it rose a bit but still ended south by almost 6% today.

Misses:

BLOX 

A fake out for longs possible and a loss on commissions when a gap down rose and greened early for the entry. It then fell back to and hugged the flat line the remainder, ending unchanged.

FONR

A fake loss for shorts possible when a gap down fell after the noise candle, yielding an entry. It soon rose and greened. Then it fell into the close but ended down just a tad and likely above the entry point fade.

Push:

HGT

A no play push lacking a trigger when a gap up near the hod fell after initial moves modestly over the flat line. Fell red near lunch and evenly decayed, en route to a down finish of nearly 2.5% today.

SPRD

A gap up open from the hod fell out of the gate, not allowing longs an entry. A rebound did not trigger, and it returned down and sideways under the flat line, red by almost 1% today. A no play push.

Totals:
Daily record: W-3-L-2-P-2
60%

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