Tuesday, September 10, 2013

Trade review 9-10-13

I got some picks right on Tuesday...

Hits:

GNVC

Nice short on candle 2 after a gap up debut collapsed. Moved sideways after 40 minutes, closing down over 6% today.

KONG

A winning short off a flat debut that fell under the open and flat line near lunch, yielding an entry. It moved up a bit after lunch, moving sideways the remainder to end down over 3% today.

Misses:

CUR

A fake out loss long likely when a gap up fell the 1st 2 candles, then rose steadily and made new annuals, before peaking near lunch. It consistently fell thereafter, going red and ending down over 4% today.

RVM

A gap down did not trigger for longs, but after lunch it did for short. With commissions, this lost since it moved sideways most of the remainder, ending red by over 4.5% today.

KOG

A fake out loss short likely when this gap up fell after the noise candle early to trigger. Bottoming in 15 minutes, it steadily rose, greening and ending up around 2.5% today.

Push:

HXM

A gap up printed the hod on the noise candle, which then steadily decayed, going under the open and flat line to redden by late afternoon, closing south by over 2% today. No trigger for longs to enter on.

CENTA 

A no play push when a gap up fell on the noise candle below the trigger area. Early decay and soon sideways moves under the flat line did not trigger, and it ended south by less than 0.50% today.

Totals:
Daily record: W-2-L-3-P-2
40%   

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