Friday, November 23, 2012

Trade review 11-23-12

I got some picks right on Friday...

Hits:

CTLE

A very narrow win for longs when a gap up printed the lod on the 2nd candle, which closed to the flat line. A slow advanced and trigger followed, and it ended up over 4.5% Friday.

FOE

A win for longs when a gap up from the lod advanced and triggered after the noise candle. It closed on the highs and up over 4% Friday.

VLCCF

A gap up from the lod advanced from the noise candle, triggering when follow ups continued to rise. It kept going, ending up over 8.5% Friday.

WHX

A gap up printed the lod on the noise candle, then advanced and triggered. After greening, retraces held the flat line esssentially, and it ended up over 2% Friday.

Misses:

TSN

A gap up fell below the open briefly, drawing some shorts in, but did not fill. Soon after it advanced strongly, faking out fades. A decay that followed was mild, and it marched back up into the close, up over 1% Friday.

Push:

VVUS

A push for longs as the hod just over 12 printed on the noise candle, and then it steadily decayed, falling under the flat line and ending south by over 2.5% Friday. Fake outs unlikely here.

OXF

No play push for fades when a gap up fell on the noise candle, then moved just below the gap line but faield to trigger under 6 for shorts. Longs were assumed to be out here. It 45 minutes it spiked, then fell a bit but ended positive by almost 4% Friday.

Totals:
Daily record: W-4-L-1-P-2
80%    

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: