Monday, September 16, 2013

Trade review 9-16-13

I got some of these things right on this day...

Hits:

GNVC

A gap down debut fell more or less steadily from the noise candle for entry short. Bottoming in an hour, it advanced a bit and moved sideways the remainder, closing red by over 9% today.

TSPT

A gap up fell from the noise candle, yielding a short soon after. This decay kept up for more than an hour, whereupon it moved sideways the remainder, closing down over 12% today.

LAKE 

A gap up fell steadily from the open, triggering in 45 minutes for a short. Decay continued the remainder, with it ending down at least over 6% today.

Misses:

GORO

A fake out loss likely when a gap down rose after the noise candle early, yielding a buy. It fast peaked and then headed back under the flat line the remainder, closing red by in range of 2% today.

Push:

MERC

A no play push certain for potential longs when this gap up fell from the noise candle hard, steadily decaying all session. It ended down in range of 7% today.

CCXI

A no play push when a gap up rose on the noise candle, but fell steadily just after, denying longs. A flat line line challenge held, and it decayed slowly under it the remainder, ending south by over 3% today.

BTH

A very sizable gap up prevented longs from entering. It soon rose even more, then steadily fell the remainder, closing down less than 0.50% today. No play.

Totals:
Daily record: W-3-L-1-P-3
75%  

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