Tuesday, July 16, 2013

Trade review 7-16-13

I got 1 play correct on Tuesday...

Hits:

GLOI

A gap down fell initially, soon going under 4 for entry. This moved up and down below the flat line, closing on a down note and red by over 8% today.

Misses:

APHB

Looks like a win but it's likely a loss. A gap up open fell on the noise candle, and the likely entry point short right after was below where it closed. Ended down 2.5% today after up and down moves under the flat line.

RVLT

A possible fake out loss long when a gap down rose beyond the noise candle for entry. It then fell back to and under the flat line, steadily decaying until it closed south by around 6% today.

BPZ

A gap down moved up initially, then fell under the flat line for a fade entry by eventually triggering. But it rebounded and eventually greened, closing up less than 0.50% today.

Push:

ANTH

A flat open at the lod rose after a no range noise candle, deny shorts a play. Up and down moves held the low and it closed on an upswing, north by over 8% today. 

EXK

Little chance of fake outs long when this gap up fell on the noise candle and beyond, going red on stick 2. It moved along the flat line most of the way, closing negative by around 0.50% today.

FNMFM

A gap down failed to trigger for longs. It closed down not much more than 0.50% today. No play.

Totals:
Daily record: W-1-L-3-P-3
33%  

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