Tuesday, August 13, 2013

Trade review 8-13-13

I got some picks right on Tuesday...



A winning short when a gap down rose on the noise candle before falling under that candle's low right after for entry. It kept falling most of the morning, rising to end down over 2% for a modest win on good entry.


A gap up fell initially, then rose to green and trigger late morning for a long. It moved sideways and a bit down the remainder, ending up over 6% today.



A fake out loss short possible when a gap down debut rose on the noise candle, then fell steadily, moving under 16 for entry. It moved sideways and up the remainder, closing at 16, not a winner via commissions.


A fake out loss long likely when a gap up fell on the noise candle before it reversed to trigger early. It reversed soon after, moving up and down along the flat line, closing weakly and up just a bit today.


A gap up fell after the noise candle, but eventually rallied to over the flat line and trigger in the afternoon. It then moved sideways, closing up less than 0.50% today. A loser with commissions.


A fake out loss short possible when a gap up fell on the noise candle and then moved sideways and down to go red for entry. It moved along the flat line, then greened and closed up over 4.5% today.



Opening at the hod, this fell from the noise candle to prevent fake outs long, reaching 8.30 on the initial stick. Hugging the flat line just under most of the way. Closing weakly, it ended red by less than 0.50% today.

Daily record: W-2-L-4-P-1

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