Trade review 1-3-13

I got some plays right on this session...

Hits:

KITD

Shorts won off a gap that fell just after the noise candle and beyond. It rebounded to green a bit in the afternoon, but closed weakly to end south by in range of 5% today.

RJET

Another fine win, long, as this flat debut rose after a down noise candle to green. A steady climb ensued and it ended up close to 5% today.

JASO

A big win for longs as a gap up from the lod rose steadily from the noise candle. Shortly after lunch it gently declined, remaining positive and closing up over 10% today.

BIOF

 Most longs won when this gap up rose from the noise candle and beyond, triggering on candle 2. It moved sideways by lunch and down a bit in the afternoon, but ended up over 4% today.

Misses:

NWTR

Shorts lost on a fake out when an hour and change in this fell under the flat line, only to zoom green for good near lunch. It ended up over 7% today.

ARRY

A fake out loss long as this gap down fell initially, then rose to trigger. But it began to decline after lunch, eventually ending down 0.50% today.

Push:

CLWR

This just failed to trigger for shorts, opening on a gap up that rose after a weak noise candle. It moved sideways near lunch until close, ending up a bit over 0.50% today. A no play push.

Totals:
Daily record: W-4-L-2-P-1
66%     

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