Wednesday, January 30, 2013

Trade review 1-30-13

I got some picks right today...

Hits:

KERX  

Some last hour shorts could have benefited, when a gap up near the lod advanced from the noise candle, taking out the initial lows in the afternoon for the entry. It closed up over 1.5% today. 

JAMN

A gap down near the hod fell on the noise candle and beyond, early on for the entry fade. Bottoming in less than an hour, it rose somewhat but closed below the likely entrance, red by over 29.5% today.

IBCP

A nice win for longs when a gap up fell on the noise candle, then rose steadily for an entry. It peaked near lunch and fell a bit, but still closed positive by over 9.5% today.

TA

A 1 cent gap up fell from the noise candle, and beyond early for the fade entrance. A brief rebound held the initial highs, and it fell red again for good. Moving sideways into the finish, red by about 2% today.

Misses:

ATRS

A few early eager longs could have lost here when a gap up rose from the noise candle. It fell on the next one, but struck the trigger a few times early and near lunch. After sideways moves for hours, it began to fall into the close, which was down by almost 2% today. No candle closed above the trigger, but still...

Push:

OSUR

A gap down near the hod fell from the noise candle and well after, denying longs an entry or a trigger. It continued to slowly decay the remainder, closing south by over 4.5% today.

MRGE

A no play push for potential shorts likely when a gap up fell on the noise candle, then rose. Another trip down came close but did not trigger either. Then it rose to a bit positive which it remained at the remainder except for a weak close that ended it south by less than 0.50% today.

Totals:
Daily record: W-4-L-1-P-2
80%

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: