Friday, September 20, 2013

Trade review 9-20-13

I got some plays right on Friday...



A big win short when a gap down fell from the noise candle and after for entry. It kept declining, en route to a down finish of over 13% at least on Friday.


A narrow win short possible when a gap up fell on the noise candle, then rose to green. It fell back under the flat line right at about lunch, then continued to decay, rising into the finish and ended down over 1.5% Friday.



A short fake out after the noise candle when a gap up fell under the open and flat line. It soon bottomed and climbed to green. After decaying, a strong close ended it up almost 4.5% Friday.


A possible long fake out when this triggered in the afternoon a few times narrowly. Initially, it fell Friday but finished red by less than 0.50%.


A gap up rose after the noise candle for longs to trigger. It peaked at once, then fell back down to and under the open and flat line. This continued until it closed south by almost 5% Friday.


Shorts lost on a fake out when this gap up from the hod fell steadily from the noise candle, going under the open and flat line for entry. It rose late into the close, ending up less than 0.50% today.



Most prospective longs would have kept flat when this gap down moved sideways and then jumped in one candle over the flat line, but moved nowhere and  immediately fell hard under the gap line the remainder, closing red by over 3% today.

Daily record: W-2-L-4-P-1

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