Thursday, September 12, 2013

Trade review 9-12-13

I got some of them correct today...

Hits:

NHLI

A great win short when a gap up fell hard on and after the noise candle for entry. It bottomed late morning, moved sideways and ended down over 55.5% today.

PGRX

Another likely win short when a gap down fell after the noise candle for entry. It rebounded and greened, but held the previous session high and fell back under the flat line, ending down over 9.5% today.

MM

A gap up fell after the noise candle, but it triggered long late morning and kept climbing. Moving sideways after lunch, it ended up over 3% today.

GTXI

A winning short on the 1.90 fail when a gap up fell from the noise candle and after. It eventually closed red by over 5.5% today.

Misses:

ADEP

A narrow loss likely when a gap up fell after the noise candle steadily for entry short. It bottomed in just under an hour, then rebounded to the flat line by lunch. Moving sideways, it closed red by over 1.5% today.

RAS

A fake out long likely when a gap down rose after the noise candle for entry. It kept climbing until late morning, whereupon it slowly decayed, ending up less than 0.50% today but with commissions a defeat.

Push:

DFZ

No play long when a gap up fell slowly and steadily after the noise candle. It closed red by over 1% today.

Totals:
Daily record: W-4-L-2-P-1
66%    

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