I got no picks right on Monday...
Hits:
None.
Misses:
NVDQ
Multiple fake outs long occurred which may have lost for them. A gap down advanced late morning after early weakness, triggering. It did likewise in the afternoon, but closed weakly and down over 1% today.
HALO
An early fake out possible long when a gap up fell after the noise candle, but rose and triggered just after. It soon fell back to and under the flat line, moving sideways the remainder, closing down almost 1% today.
MTDR
Fake out loss short likely when a gap up fell under the flat line soon after open. Triggering, it reversed in the afternoon and greened, closing up over 3% today.
HXM
Fake out loss long likely when a gap down rose out of the open to trigger after the noise candle. This fast peaked and headed back down to and under the flat line. It closed weakly and red by almost 11.5% today.
OCLS
Some longs could have bit here on the sideways and a bit uppish moves to trigger early. This soon fell back to and under the flat line for good. It closed south by over 4% today.
Push:
SQNM
A gap down fell initially, then reversed to green but just missed triggering. The high on the follow up stick could not be eclipsed, and it fell back down and under the flat line. Moving sideways into the close, it ended down over 4% today.
IM
Long fake outs were avoided by the price action. A gap up printed the hod on the noise candle, which panic dumped for an hour. It then rose gradually, closing down just a tad. A no play push.
Totals:
Daily record: W-0-L-5-P-2
0%
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Hits:
None.
Misses:
NVDQ
Multiple fake outs long occurred which may have lost for them. A gap down advanced late morning after early weakness, triggering. It did likewise in the afternoon, but closed weakly and down over 1% today.
HALO
An early fake out possible long when a gap up fell after the noise candle, but rose and triggered just after. It soon fell back to and under the flat line, moving sideways the remainder, closing down almost 1% today.
MTDR
Fake out loss short likely when a gap up fell under the flat line soon after open. Triggering, it reversed in the afternoon and greened, closing up over 3% today.
HXM
Fake out loss long likely when a gap down rose out of the open to trigger after the noise candle. This fast peaked and headed back down to and under the flat line. It closed weakly and red by almost 11.5% today.
OCLS
Some longs could have bit here on the sideways and a bit uppish moves to trigger early. This soon fell back to and under the flat line for good. It closed south by over 4% today.
Push:
SQNM
A gap down fell initially, then reversed to green but just missed triggering. The high on the follow up stick could not be eclipsed, and it fell back down and under the flat line. Moving sideways into the close, it ended down over 4% today.
IM
Long fake outs were avoided by the price action. A gap up printed the hod on the noise candle, which panic dumped for an hour. It then rose gradually, closing down just a tad. A no play push.
Totals:
Daily record: W-0-L-5-P-2
0%
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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