Wednesday, February 13, 2013

Trade review 2-13-13

I got some of these things right today...

Hits:

RSOL

A big great win for longs when a gap up advanced and triggered from the noise candle and beyond. Closed up almost 65% today.

NXTM

A win for shorts on the trigger breach around lunch. A gap down rose initially preventing entry, but it triggered later. Steady moves under the flat line ensued, and it ended down over 1.5% today.

XRSC

A likely winning short on either the early or later entry, given the price action a small win at worst seems probable. A gap up at the hod fell from the noise candle, and it never greened, closing red by over 10.5% today.

Misses:

GTAT

Looks like a win but most longs lost with this price action. A gap up near the lod rose and hit the trigger price on the noise candle. Any entry just after lost as it steadily fell from there, closing up over 3% but likely below the entry point buy.

Push:

CAMP

Fake out unlikely for longs when a gap up fell from the noise candle and beyond. Rebounds held the flat line which it spent most of day beneath. It closed down 0.50% today and the initial high was never bested.

LPHI

A gap up from the lod advanced from the noise candle, preventing short fake outs. A slow uptick ensued and it held initial lows, ending up almost 8.5% today.

KERX

A gap up near the lod advanced initially, but failed to trigger long. It then fell to the flat line, where it remained until a late push ended it up almost 1% today. A no play push.

Totals:
Daily record: W-3-L-1-P-3
75%  

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