Tuesday, June 25, 2013

Trade review 6-25-13

I got all entrance feasible picks right on Tuesday...

Hits:

LCC

A gap up near the lod rose steadily after the noise candle, yielding a long. It almost triple topped and closed up over 2% today to win for buyers.

MLNK

A nice short on the fail of 3.25 with this gap up fell from the noise candle and beyond. After bottoming, it moved sideways in the afternoon, closing red by over 8.5% today.

Misses:

None.

Push:

ITKG

A no play push long likely when a gap down fell after the noise candle. It bottomed in 15 minutes, then rose to the flat line but could not really overtake it. Closed up almost 1% today.

FXCM

A gap up near the lod rose from the noise candle steadily, denying shorts a chance. It peaked after lunch and slowly faded somewhat, ending up over 2% today. No play.

GNK

A gap up rose on the noise candle, but even that just missed the trigger long. It soon fell and moved sideways along the flat line, going under late morning and closing down over 1.5% today.

GSM

A clear gap up above the trigger long fell hard on the noise candle and beyond, preventing fake outs. It soon fell under the flat line and remained so until close, down close to 1% today.

AMRN

A no play push for potential longs, when this gap up fell on the noise candle and beyond, not overtaking 6. It bottomed soon, advancing somewhat but stayed negative until close, which was down by over 2% today.

Totals:
Daily record: W-2-L-0-P-5
100%   

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