Friday, June 07, 2013

Trade review 6-7-13

I got some of them right on Friday...



A gradual decline after the noise candle led to a short entry. Other than one tape print late, it closed south by almost 5% Friday.


A nice win long when a gap up advanced well after the noise candle for entry. It peaked near lunch, then gradually declined a bit, but closed up over 3% Friday.



A fake out short possible off a gap up that eventually fell under the open and flat line before lunch. It rose into the afternoon, closing on a downbeat but still positive by over 2.5% today.


Fake out loss likely with this price action. Shorts would have dove in when a gap up fell hard and triggered, beyond the noise candle. It soon reversed back over the gap line. Then it faded the remainder, but essentially held the flat line, closing down over 2.5% today but below a likely entrance point on the fade.



A huge gap down prevented any entry either direction. It was a news catalyst. Ended down over 19% Friday, with sideways and downward movement off the gapper.


A gap down fell steadily after a doji noise candle, denying longs an entry. It ended red by over 7% Friday.


A small win or push given the likely entrance price long. A gap up fell on the noise candle but reversed and greened/triggered soon after. It moved up and down along the flat line thereafter, closing on a high note and up nominally on Friday.

Daily record: W-2-L-2-P-3

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:

No comments: