Monday, May 13, 2013

Trade review 5-13-13

I got some plays right on Monday...



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.


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.



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.


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.



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.


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.


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.

Daily record: W-2-L-2-P-3

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