I got some picks correct on this day...
Hits:
BCYP
A panic dump past the noise candle yielded a short. It bottomed early, but recovery still ended south by over 9.5% and likely below the entry.
INSM
A great long off a gap up that advanced after the noise candle for entry. Sideways moves soon followed, with a strong finish to close up over 9.5% today.
MM
A gap up moved sideways along the flat line, triggering a buy before lunch. It fell a bit, remained positive, then rose into the finish by over 3.5% today.
Misses:
SMME
A likely fake out loss short when a gap down debut moved sideways initially. It fell hard for entry, then continued to decline until lunch. A strong close ended it red by over 4% but around the entry point at best.
PTRY
A clear fake out loss off a gap up debut which fell beyond the noise candle to yield a short. It then reversed to the flat line and closed strongly to end up over 0.50% today.
Push:
MHR
A 1 cent gap down did not trigger long. It fell from open, and recovery fell short. After hugging the flat line, it closed weakly and south by 3.5% today. No play push.
NOR
A big gap down made shorts or longs too risky. It soon rose, but failed to green. A slow decline followed and it closed down over 9.5% today. Anyone shorting probably narrowly profited, though this is a push.
Totals:
Daily record: W-3-L-2-P-2
60%
New users: Read my trading guide for my play set-ups!
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Hits:
BCYP
A panic dump past the noise candle yielded a short. It bottomed early, but recovery still ended south by over 9.5% and likely below the entry.
INSM
A great long off a gap up that advanced after the noise candle for entry. Sideways moves soon followed, with a strong finish to close up over 9.5% today.
MM
A gap up moved sideways along the flat line, triggering a buy before lunch. It fell a bit, remained positive, then rose into the finish by over 3.5% today.
Misses:
SMME
A likely fake out loss short when a gap down debut moved sideways initially. It fell hard for entry, then continued to decline until lunch. A strong close ended it red by over 4% but around the entry point at best.
PTRY
A clear fake out loss off a gap up debut which fell beyond the noise candle to yield a short. It then reversed to the flat line and closed strongly to end up over 0.50% today.
Push:
MHR
A 1 cent gap down did not trigger long. It fell from open, and recovery fell short. After hugging the flat line, it closed weakly and south by 3.5% today. No play push.
NOR
A big gap down made shorts or longs too risky. It soon rose, but failed to green. A slow decline followed and it closed down over 9.5% today. Anyone shorting probably narrowly profited, though this is a push.
Totals:
Daily record: W-3-L-2-P-2
60%
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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