I got a few picks right today...
Hits:
BRKR
A gap down printed the hod on the open, then hugged the flat line a while before breaking under it for the short. Near lunch it moved sideways for hours and up, en route to a red finish of over 2.5% today.
BIOF
A gap down filled and triggered early, yielding a long. It gradually rose, closing up almost 5% today.
Misses:
MEIP
A fake out loss for shorts when a gap down fell from the debut and persisted beyond the noise candle. It moved sideways much of the remainder, before advancing into the close, up nearly 8% today.
PIKE
No play push for longs when a gap up moved sideways initially, not taking out the initial hod. It then fell under the flat line, moving up and down under it before closing south by about 3.5% today.
CARB
A possible fake out for shorts when this gap down fell initially, then rose to and over the flat line. It fell back under in the afternoon for the entry, but closed down though on an upswing about +1% today.
Push:
HGSH
A gap down advanced from the lod, never giving shorts a shot. It closed below the high, but still negative by over 5% today due to the gapper.
AXAS
A no play push lacking a trigger when a gap down advanced but peaked early and stayed under the flat line, slowly declining and ending down over 6.5% today.
Totals:
Daily record: W-2-L-3-P-2
40%
New users: Read my trading guide for my play set-ups!
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Hits:
BRKR
A gap down printed the hod on the open, then hugged the flat line a while before breaking under it for the short. Near lunch it moved sideways for hours and up, en route to a red finish of over 2.5% today.
BIOF
A gap down filled and triggered early, yielding a long. It gradually rose, closing up almost 5% today.
Misses:
MEIP
A fake out loss for shorts when a gap down fell from the debut and persisted beyond the noise candle. It moved sideways much of the remainder, before advancing into the close, up nearly 8% today.
PIKE
No play push for longs when a gap up moved sideways initially, not taking out the initial hod. It then fell under the flat line, moving up and down under it before closing south by about 3.5% today.
CARB
A possible fake out for shorts when this gap down fell initially, then rose to and over the flat line. It fell back under in the afternoon for the entry, but closed down though on an upswing about +1% today.
Push:
HGSH
A gap down advanced from the lod, never giving shorts a shot. It closed below the high, but still negative by over 5% today due to the gapper.
AXAS
A no play push lacking a trigger when a gap down advanced but peaked early and stayed under the flat line, slowly declining and ending down over 6.5% today.
Totals:
Daily record: W-2-L-3-P-2
40%
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
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