I got some of these things right on Friday...
Hits:
AMCC
A gap up fell from the noise candle, moving sideways under the flat line until after lunch, when it triggered long and remained positive until it closing up around 1.5% on Friday.
PRKR
A nominal win short likely even with a barely positive finish when a gap up rose initially, peaking in 20 minutes. Then it steadily declined, falling back under the open for entry. This trend continued most of the day, until it rose into the close, up a tad but under likely entry.
Misses:
PRAN
A gap down advanced from the noise candle and beyond to fake out early longs, but peaked in 25 minutes. It then fell steadily, heading under the flat line and ending down in range of 1.5% on Friday.
ONP
Early longs likely faked out when this gap up advanced initially, triggering. It peaked in an hour or so, then steadily fell, going under the flat line for good and closing south by nearly 8% Friday.
Push:
SSN
Opening on a gap up at the hod just under the trigger long, this fell from the noise candle and beyond denying longs a play. It steadily dropped, closing down around 6% on Friday.
GIM
A dump from the noise candle off a gap down prevented longs from being faked out. It never triggered and fell mostly steadily, ending south by almost 2.5% on Friday
XCO
A gap up moved sideways no candle closed above the trigger. It soon began to dive, going green to red, preventing most fake out buys. It hugged the flat line, moving up into the close, which was up not more than a bit over 1% on Friday. No play.
Totals:
Daily record: W-2-L-2-P-3
50%
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Hits:
AMCC
A gap up fell from the noise candle, moving sideways under the flat line until after lunch, when it triggered long and remained positive until it closing up around 1.5% on Friday.
PRKR
A nominal win short likely even with a barely positive finish when a gap up rose initially, peaking in 20 minutes. Then it steadily declined, falling back under the open for entry. This trend continued most of the day, until it rose into the close, up a tad but under likely entry.
Misses:
PRAN
A gap down advanced from the noise candle and beyond to fake out early longs, but peaked in 25 minutes. It then fell steadily, heading under the flat line and ending down in range of 1.5% on Friday.
ONP
Early longs likely faked out when this gap up advanced initially, triggering. It peaked in an hour or so, then steadily fell, going under the flat line for good and closing south by nearly 8% Friday.
Push:
SSN
Opening on a gap up at the hod just under the trigger long, this fell from the noise candle and beyond denying longs a play. It steadily dropped, closing down around 6% on Friday.
GIM
A dump from the noise candle off a gap down prevented longs from being faked out. It never triggered and fell mostly steadily, ending south by almost 2.5% on Friday
XCO
A gap up moved sideways no candle closed above the trigger. It soon began to dive, going green to red, preventing most fake out buys. It hugged the flat line, moving up into the close, which was up not more than a bit over 1% on Friday. No play.
Totals:
Daily record: W-2-L-2-P-3
50%
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:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
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