Tuesday, August 06, 2013

Trade review 8-6-13

I got some picks right on Tuesday...



A winning short off a gap down that fell under the initial low after the noise candle early on. It recovered somewhat, but stayed negative, closing weakly and down at least almost 7.5% today. This was below entry.


A nice short when a gap down from the hod fell from the noise candle and after for entry. It bottomed within an hour and moved sideways, closing red by almost 24.5% today.



A fake out loss off a gap down likely when it fell under the initial low about 50 minutes in. It then moved sideways and a bit up to end negative by over 3.5% today but that would have been above entry short.


A fake out loss likely when a gap down reversed mid morning to green and trigger. It soon peaked and fell back to and under the flat line. Moving sideways into the close, it ended red by over 1% today.



A clear gap up rose initially, preventing shorts. The initial low held on decay, as did the flat line itself. It recovered a bit, moving sideways and ending up almost 5% today. No play.


On paper this is a win, but most longs likely would not have entered because of the price action. A gap down fell steadily early on, denying entry. Bottoming around lunch, it slowly rose the remainder, closing up even, almost 4%. But the greening happened late afternoon, after which a long would be unlikely.


A gap down from the hod fell mostly steadily after an upward noise candle, never triggering for longs. It closed south by over 2% today.

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

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:


No comments: