Tuesday, July 23, 2013

Trade review 7-23-13

I got some picks correct on this Tuesday...

Hits:

ZHNE

A winning short when a gap up fell after the noise candle for entry. It soon crossed the flat line adn kept going, rebounding in the afternoon and closing down over 2.5% today.

NRBT

A winning short when a gap up rose initially, then slowly fell, going green to red on an afternoon fade for entry. It closed red by over 5.5% today.

GSM

A gap up advanced after a down noise candle for entry long. It kept climbing the remainder, ending up around 6% today.

NGD

A nominal win long when a gap up slowly climbed and triggered just before lunch. Then it bounced up and down along the flat line, finished strong and up in range of 1.5% today.

Misses:

USU

Fake out short possible off a gap down that fell on the noise candle and after, for entry. It soon reversed, greened, and faded into the close which was up over 3.5% today.

FDML

A fake out loss long when a gap up advanced initially to trigger. It peaked early, then slowly fell back to the flat line, closing up nominally today.

SEM

A gap up fell on the noise candle and beyond to trigger under 9. It bottomed in 30 minutes, then rose to the flat line and fell a bit into the close, down a tad. With commissions, it is a likely loser.

Push:

None.

Totals:
Daily record: W-4-L-3-P-0
57% 

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