Thursday, May 16, 2013

Trade review 5-16-13

I got some of them correct on Thursday...



A gap down rose initially, greening. After peaking in 15 minutes, it gradually fell, going under the open and flat line for good by lunch to trigger short. A steady decay led to down finish of over 8% today.


A nice fade from a gap down that stayed under 3 and steadily decayed. 35 minutes in it moved up a bit and then sideways for hours. A weak close ended it south by over 10% today.


A perfect long off a gap up from the lod that advanced beyond the noise candle for entry. It closed up over 1% today.



A possible short fake out when a gap up fell early after the noise candle below the open. It soon rose back to positive, and ended up over 7% today.



A no play push off a gap down near the hod that fell steadily from the debut never triggering. It soon moved sideways and a bit up, ending red by over 6% today.


A no play push lacking a trigger long. This gap down fell from the noise candle, bottoming in 30 minutes. It then rose, but held the flat line, bouncing around just under it. A weak close ended red by about 1.5% today.


Another no play push for longs when a gap down near the hod fell from the noise candle and bottomed in 50 minutes. A bounce followed then flat movement until the close, which was south by almost 10% today.

Daily record: W-3-L-1-P-3

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