Wednesday, November 28, 2012

Trade review 11-28-12

I got no plays right on Wednesday...

Hits:

None.

Misses:

KTOS

A loss for shorts via fake out when a gap up at the hod fell from the noise candle, and triggered about 50 minutes in. It then rose to and stayed just under the flat line, closing unchanged on the day.

Push:

ACAD

A huge gap down prevented shorts. It opened near the lod and advanced steadily from the noise candle, to end up on the session yet still negative due to the gapper, south by over 5% today. No play push.

TKRFF

Another no play push when a gap down fell just after the upward noise candle, denying longs a play. It bottomed by lunch and slowly climbed, but still ended down by over 3% today.

CLSN

Another no play push when a huge gap down precluded shorts. After the downward noise candle, it rose steadily and greened, again denying fade entries. It moved just over the flat line and faded in the afternoon, but the initial lows held. A strong close ended it still down around 3.5% today, due to the gapper.

PPHM

A no play push when the hod just under the trigger printed on the noise candle, which fell. It slowly rose to the flat line, but moved along it the remainder, ending up near 1% today. Longs had no play.

ZLC

Another no play push when a gap down moved sideways initially, then advanced to the flat line and over, but missed triggering long. Then it fell back to the flat line, bounced along it and ended red at least 0.5% today.

KGC

Another no play push when a huge gap down near the lod rose constantly from the noise candle. It greened about an hour in, then moved along the flat line and closed up around 1% today. No short possible.

Totals:
Daily record: W-0-L-1-P-6
0%  

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: