Thursday, July 25, 2013

Trade review 7-25-13

I got some plays right this afternoon...

Hits:

ZHNE

A modest win short when a flat debut fell from the noise candle and after, yielding an early entry. This bottomed in an hour, rose to the flat line, then decayed slowly into the close, red by over 5.5% today.

RCKY

A bare win long possible when a gap up moved sideways and took out the initial high during lunch for entry. It soon peaked and decayed ending up nearly 3% today and a bit above probable entrance.

CIM

A winning short off a flat open that triggered just after the noise candle. A slow decline ensued, and it ended down over 1.5% after sideways moves in the afternoon.

Misses:

BCRX

An early fake out loss short likely when a gap down fell after the noise candle for entry. It immediately rebounded, greening during lunch.  A slow rise ended up a bit less than 2.5% today.

ECTE

Fake out loss long possible when a gap up advanced early over the trigger. It soon fell back to and under the flat line, then moved sideways the remainder. Closed red by over 4% today.

Push:

USU 

Another no play push short when a gap down rose from the noise candle and a pull back held the flat line and rose again. It peaked early, spending most of the session decaying but ending up at least 3.5% today.

SOUL

A big gap up from near the lod advanced, not giving shorts options. It ended up over 60.5% today. No play.

Totals:
Daily record: W-3-L-2-P-2
60% 

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