Monday, April 29, 2013

Trade review 4-29-13

I got a pick correct on Monday...

Hits:

NVIV

A winning long late after a gap up moved sideways almost triggering and moving along the flat line until an afternoon break out to trigger. It advanced a bit more into the finish, upover 3% today.

Misses:

NR

Possible long fake out when this gap up moved sideways, then up and over the trigger for entry. It moved straight and a tad down soon after from there, ending up almost 1.5% today but probably a bit under entry.

BYD

A possible fake out short when a gap up fell after the noise candle, triggering early. Soon after it rose off the flat line and kept going, finishing up almost 2.5% today.

MACK

A gap up fell on the noise candle, then rose to trigger long. It soon moved sideways and down, hitting the flat line and under. Closed weakly, south by almost 3.5% today. A fake out loss.

Push:

ACHN

A gap up fell at once and recovered to the flat line by lunch. It then fell back under, eventually closing unchanged. No trigger for longs. Push.

INVE

Another no play push off a gap down that did not trigger. It moved sideways and a bit down all session, en route to a red end of over 7.5% today.

CSIQ

A no play push when a gap down zoomed up on the noise candle and the follow up stick, greening solidly and preventing longs. It continued to rise a bit, then slowly declined, but stayed positive, ending up over 8.5% today.

Totals:
Daily record: W-1-L-3-P-3
25%  

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