Thursday, May 30, 2013

Trade review 5-30-13

I got a few plays right this Thursday...



A fine short win when a gap down fell from the hod via the noise candle for entry. This continued until it closed south by over 43% today.


Another nice short win when a gap down near the hod fell from the noise candle and beyond for entry. A steaduy decline ensued, and it ended red by over 34% today.


Another short win when this gap down continued to fall from the noise candle. It printed the hod on that, so stops would not be a factor on that initial stick. Closed south by over 31% today.


Another winning short when this gap down moved sideways and up along the noise candle. Then it began to move under the open and flat line for entry. Continuing into the close, which was down by over 36% today.



A possible long loss when it soared off a big gap up on and after the noise candle. But it did not keep going, immediately reversing and slowly decaying, but finishing up over 8.5% today. Many kept flat though.



A no play push long off a gap down debut from the hod that fell on the noise candle. It rose on a few follow ups, but the initial high held and it never greened. A slow decay led to it ending red by over 13% today.


Shorts never had a play here as this big gap up never fell below the previous session close. It mostly moved sideways above the open, closing north by over 7% today.

Daily record: W-4-L-1-P-2

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