Thursday, May 02, 2013

Trade review 5-2-13

I got 1 pick right on Thursday...



A nice short on the 7.50 fail when this gap up moved sideways on the flat line and triggered 30 minutes in. It then fell steadily until afternoon, rising a bit to end down almost 4.5% today.



A fake out loss likely when a gap up fell initially, closing under the open and flat line for entry short. It slowly reversed most of the remainder, closing weakly but up over 2% today.


A fake out loss assured when a gap up rose for the 1st hour, triggering. It steadily fell from there, closing red by over 0.50% today.


A fake out loss short sure factoring in commissions when a gap up fell in the morning to trigger. Then it moved up to and along the flat line the remainder, closing unchanged today.



Assuming perfect entry on the 2nd candle, this is a bare win or push factoring commissions. More likely longs kept flat altogther considering the sideways price action. Closed up about 1% today after early weakness reversed nominally.


A no play push certain when a gap up near the hod fell from after the noise candle and never triggered. It moved along the flat line closing weakly and down less than 0.50% today.


A no play push when a gap down failed to trigger for potential longs. It slowly fell all session, en route to a down finish of over 5% today.

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

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:

No comments: