Wednesday, June 05, 2013

Trade review 6-5-13

I got all entry-worthy entries right on Wednesday...

Hits:

OSH

A winning short when a gap down from the hod fell from the noise candle and after, yielding an entry. It continued to decline, closing south by more than 20% today.

ASCC

Another win for shorts off a flat debut that fell from the hod off the noise candle and beyond for entrance. It bottomed in 50 minutes, then moved sideways and a bit down to end red by over 48% today.

LPTH

Nice short win off a gap down from the hod which fell steadily after a flat noise candle for entry. It bottomed essentially in an hour, then slowly rose, ending down almost 11% today.

NVGN

A gap down rose initially and failed near 5. It gradually decayed, falling under the open for certain entry short. This continued until it ended south by over 13% today.

Misses:

None.

Push:

BEAT

A gap up only advanced on the noise candle, with the next one and follow ups moving sideways and soon down, so most longs would have not been faked out. Hugged the flat line, closing down less than 0.50%.

SVNT

Looks like a winning long, but most probably kept flat due to the huge gap up. It moved sideways initially, then soared up. Peaking in 25 minutes, it fell and rose again, ending up over 28% today.

ALXA

A gap down steadily fell, failing to trigger for longs. This kept up most of the way, ending south by over 3.5% today. A no play push.

Totals:
Daily record: W-4-L-0-P-3
100%  

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