Monday, May 13, 2013

Trade review 5-13-13

I got some plays right on Monday...

Hits:

TRMD

A gap down rose initially, then fell under the open in the afternoon. Assuming perfect entry, this was a very small win for triggered shorts.

FRO

A gap up fell from the debut, but held the flat line challenge, reversing and triggering long in less than an hour. A slow climb until after lunch followed, and it fell into the finish but ended up over 8.5% today to win.

Misses:

CCIX

A fake out loss long likely off early advances from a gap up. It peaked in 15 minutes, then gradually fell, but closed up over 1% today. This was under the entry point.

ABFS

Fake out loss short likely when a gap up fell from the open triggering an entry on the next candle. More down side soon reversed. It climbed slowly into the finish, red by less than 0.50% today. But that was above the entry point on the fade.

Push:

AFFY

A no play push for potential shorts when this gap down rose initially, peaking in 40 minutes. A long decline ensued, but it ended on the opening price. No play.

BIOL

A no play push lacking a trigger long. A positive noise candle led to a fast move under the flat line, and it never recovered. Moving sideways much of the way, it ended down close to 1% today.

UNIS

A potential long was ruined by a huge gap that negated entry in any direction. Slightly upwards sideways moves most of the way led to a green end of over 25% today. No play push.

Totals:
Daily record: W-2-L-2-P-3
50%   

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: