Friday, May 17, 2013

Trade review 5-17-13

I got some plays right on Friday...



A winning long as a gap down near the lod rose from the gun to trigger early. It peaked in 30 minutes, moving sideways the remainder, en route to a green end of over 5% on Friday.


Another winning long when a gap up rose from the noise candle and beyond for entry. By 30 minutes in it moved sideways the remainder, closing up over 5.5% on Friday.


A nice win long as a gap down from the lod advanced and greened after sideways initial moves along the flat line. It moved sideways into the finish, ending up over 8% on Friday.



An early fake out off a gap up that fell and crossed under the flat line for potential shorts reversed back over it. After moving sideways most of way, a weak close ended it up around 0.50% on Friday. Loser.


Longs were out since it never triggered. A gap down fell under the open early, so any short entered would have lost since after lunch it advanced slowly, ending down almost 7% but likely above entry on the fade.


A no play push lacking a long trigger off a flat debut from near the hod that printed it on the noise candle, moving sideways and soon down most of the remainder, negative by over 5% on Friday.


Opening on a gap up that fell on the noise candle, the initial high could not be take out after it, and it never closed any stick above the opening price. Most prospective longs would have kept flat on this price action. Ended up over 1% on Friday.

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