Tuesday, May 28, 2013

Trade review 5-28-13

I got some of these things right on Tuesday...

Hits:

BPAX

A winning long when a gap up steadily rose from the noise candle for entry. A slow drift up continued until the close, which was positive by at least over 11% today.

RPAI

A winning long when a gap up moved sideways initially, then triggered. The flat line held on a challenge, and it moved sideways and closed strongly to end up in range of 2% today.

Misses:

NSPH

A fake out loss long likely when a flat debut rose initially beyond the noise candle for entry long. It soon peaked, then fell back to and under the gap line. It closed negative by at least around 0.50% today.

FCEL

A fake out short loss at least on commissions likely here when a gap up fell on the noise candle and beyond under 1.50 early on. But it recovered to the flat line after up and down moves to close red by less than 1.5% today. This would be above likely entry.

Push:

FMCC

A big gap up rose slowly and this negated any safe entry short. A steady slight climb ensued until close, which was positive by in range of 30%+ today.

FNMA

A huge gap up advanced from the noise candle, printing the lod on it. A tape painting print late also closed positive, the grind up ending north by over 34% today. No play for shorts

MIN

A flat debut printed the hod on the noise candle which just missed triggering. It then steadily fell below the open and flat line. It closed south by at least nearly 3% today. No play for longs.

Totals:
Daily record: W-2-L-2-P-3
50%   

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

No comments: