I got 1 pick right on Thursday...
Hits:
BCOV
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.
Misses:
MTOR
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.
FBC
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.
TIVO
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.
Push:
MWA
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.
IAG
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.
TVIX
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.
Totals:
Daily record: W-1-L-3-P-3
25%
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Hits:
BCOV
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.
Misses:
MTOR
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.
FBC
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.
TIVO
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.
Push:
MWA
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.
IAG
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.
TVIX
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.
Totals:
Daily record: W-1-L-3-P-3
25%
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
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