Monday, August 05, 2013

Trade review 8-5-13

I got a few plays right on Monday...



A gap up fell from the noise candle and beyond to go red for short entry. It continued to fall until late morning, when it moved sideways and up into the close, ending south by at least 4% or so today.


A gap down fell on the noise candle and after for entry short. It steadily declined, closing down over 14.5% today.



A possible fake out loss short off a gap down that fell initially beyond the noise candle. It rose to green, then moved sideways under the flat line before greening again and closing down less than 0.50% today. This would have been above likely entrance.


A fake out loss long when a gap down rose and greened early for entry. It soon fell back to the flat line the remainder, closing unchanged. With commissions this is certainly a nominal loser.


Longs lost on a fake out when a gap down fell initially, then greened and triggered. It hit soon peaked and fell back to just over the flat line, moving sideways the remainder, closing up nominally. A tiny loss.



A gap up near the lod rose from the noise candle and after, denying shorts entry. It then moved sideways much of the remainder, closing up over 26% today.


A no play push when a gap up fell on the noise candle and after to deny longs entry. It moved sideways much of the remainder, en route to a down finish of about 2.5% today.

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

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