Friday, August 02, 2013

Trade review 8-2-13

I got some of these things correct on Friday...



A small win at least off a gap up open from the hod which fell early under that and the flat line for entry short. It rebounded into the close but still ended red by almost 5% on Friday.


A gap up rose a bit initially, then gradually fell back under the open and flat line for entry short. It stayed south en route to a down finish of almost 7% Friday.


An easy win long off a gap down which rose from the noise candle and well beyond for entry. It went green early and kept going all session, closing up over 4.5% Friday.



A possible loss short on a fake out when a gap down rose initially, before peaking early. It gradually fell back to the flat line and under the open, but held the initial low and rose a bit, closing up at least near 1% and above probable entrance.


Fake out loss possible short when a gap down fell from the noise candle and after, bottoming in 15 minutes. It rose to green soon after, and while it closed weakly, it was likely a bit above entry at best.



Fake out long unlikely when a gap up printed the hod on the noise candle and fell immediately after. It could not quite get back over trigger, then steadily fell, going red and staying there until ending down 1% or so.


A gap down fell from the noise and beyond early, denying potential longs anc entry. It recovered a bit, but never greened nor made any more new highs, closing red by over 2% Friday.

Daily record: W-3-L-2-P-2

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