I got some of them right on Friday...
Hits:
NEWL
A fine short off a clear gap down not far from the hod which fell out of the open and beyond the noise candle. It kept an even decay up day, en route to a red end of over 36% on Friday.
EDAP
A modest win for longs likely here when a gap up at right at 2.72 rose on the noise candle, fell on the follow up stick and soon after broke over the trigger. Sideways and down action followed, and it closed strong to end up at least almost 3% on Friday. Entry likely a bit under ending price.
CYTX
Another modest win for longs when a gap down rose on both the noise candle and follow up stick, triggering. It retreated, but held the initial low and greened an hour or so in for good, ending up 2% Friday.
Misses:
DGIT
A fake out loss for longs likely here when a gap down rose, greened, and triggered after the noise candle. Near the 30 minute mark it began to decline, and reddened by afternoon. Closed strongly, but still negative by over 0.5% on Friday.
Push:
CYCCP
Another range free no play push session on tiny volume. I am going to drop this from my regular list, but you should continue to watch it anyway for a fade. Ended down over 3% due to the gapper.
CIMT
Potential longs avoided fake outs here when this flat open fell from the noise candle. It went red on the follow up stick, and flat line challenges held. Closed down in range of 2% today.
IRWD
Potential shorts avoided fake outs here when a flat open fell on the noise candle, but rose sharply on the next candle and others to green, denying an entry. It gradually climbed all session, ending up over 4.5% Friday.
Off record pick ACPW advanced as hoped for Friday as well, with a gap down gradually rising all day.
Totals:
Daily record: W-3-L-1-P-3
75%
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Hits:
NEWL
A fine short off a clear gap down not far from the hod which fell out of the open and beyond the noise candle. It kept an even decay up day, en route to a red end of over 36% on Friday.
EDAP
A modest win for longs likely here when a gap up at right at 2.72 rose on the noise candle, fell on the follow up stick and soon after broke over the trigger. Sideways and down action followed, and it closed strong to end up at least almost 3% on Friday. Entry likely a bit under ending price.
CYTX
Another modest win for longs when a gap down rose on both the noise candle and follow up stick, triggering. It retreated, but held the initial low and greened an hour or so in for good, ending up 2% Friday.
Misses:
DGIT
A fake out loss for longs likely here when a gap down rose, greened, and triggered after the noise candle. Near the 30 minute mark it began to decline, and reddened by afternoon. Closed strongly, but still negative by over 0.5% on Friday.
Push:
CYCCP
Another range free no play push session on tiny volume. I am going to drop this from my regular list, but you should continue to watch it anyway for a fade. Ended down over 3% due to the gapper.
CIMT
Potential longs avoided fake outs here when this flat open fell from the noise candle. It went red on the follow up stick, and flat line challenges held. Closed down in range of 2% today.
IRWD
Potential shorts avoided fake outs here when a flat open fell on the noise candle, but rose sharply on the next candle and others to green, denying an entry. It gradually climbed all session, ending up over 4.5% Friday.
Off record pick ACPW advanced as hoped for Friday as well, with a gap down gradually rising all day.
Totals:
Daily record: W-3-L-1-P-3
75%
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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