Sunday, February 10, 2013

Trade review 2-8-13

I got one pick correct on Friday...

Hits:

PLNR

A great winning short on the fall fail back under 2 when a gap down rose on the noise candle, but reddened on the follow up stick under the trigger for an entry. It moved under the remainder, closing weak and red by over 8.5% on Friday. This was below the probable entry price.

Misses:

MEDL

Fake out loss short possible here when a gap up fell early after the noise candle, before gradually reversing and greening. It closed up almost 11% on Friday.

SZYM

Fake out loss long possible on a trigger just after the noise candle off a gap down debut. It immediately began to fall back to and under the flat line. A gradual recovery to hug it ended it unchanged on Friday.

Push:

XIN

A small win or a push at best when a gap up moved up from the noise candle, then fell. After making a new high, it fell back to the flat line and hugged it until an upswing finish ended it north by almost 1.5% on Friday.

CACH

Fake out short unlikely when this gap down fell on the noise candle, printing the lod. It immediately began a climb up to eventually green from there, closing up almost 2% on Friday. A no play push.

CLD

Few longs would have bit this price action. A gap up rose on the noise candle, hit our price for an instant and closed well under it and even the gap line on the follow up stick. It soon fell even further red, but gradually recovered to green without triggering or making new highs. Closed up over 0.50% Friday. No play push.

BGCP

A flat open fell on the noise candle, then rose and just missed triggering, denying shorts a play. It soon greened for good, closing off the highs but still positive by almost 1% on Friday. A push.

Totals:
Daily record: W-1-L-2-P-4
33%     

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: