Thursday, December 27, 2012

Trade review 12-27-12

I got 1 of them right on this day...

Hits:

VIPS

A perfect short when a 1 cent gap up fell from the noise candle, then steadily fell under the flat line, en route to a red end of at least over 4.5% today.

Misses:

G

An early move up from a 1 cent gap up proved a fake out with a candle or so closing above the trigger to buy.  By 30 minutes in, however, it had fallen under the flat line and kept declining, closing down over 0.5% today. A loss for longs.

Push:

RDN

A push likely after commissions when a gap up advanced beyond the noise candle for longs. It fell back and eventually under the flat line, then closed strong to end up around 2% today. Small profit at best or a wash.

CBRX

A no play push lacking a trigger when a gap down rose initially, but could not fill the gap. Then it resumed a decline, ending south by over 4.5% today.

GBX

Opening on a gap down not far from the hod, this tried to fill after the noise candle but could not trigger, then began to decay again back under the flat line an hour in. Another fill attempt late stalled similarly. It ended south by over 2.5% today. A no play push for potential longs.

ACUR

No trigger here as a gap down steadily declined after the noise candle and did not trigger. It moved sideways in the afternoon, and ended south by over 6.5% today. No play push for potential longs.

NEON

A great short on the 5 fail that happened yet again, but I said to keep flat on that and it never triggered over 5 to buy into. A 1 cent gap down fell steadily under the gap line most of the way, en route to a red end of over 6% today. Another no play push.

Totals:
Daily record: W-1-L-1-P-5
50%   

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: