Wednesday, September 25, 2013

Trade review 9-25-13

I got some of them right on Wednesday...

Hits:

RAD

A gap up fell after the noise candle early for short entry. It bottomed in 45 minutes and slowly rose the remainder, ending down over 1% today.

LLEN

A win for shorts on the gap that reached for 1.50 and failed, decaying after the noise candle for early entry. It kept gently declining until close, down 20% today.

MCP

A narrow win for shorts on candle 3 when a gap down fell from the open for entry. It reversed and greened soon after, but the previous session high held easily and if fell in the afternoon, closing red by 1% today.

Misses:

TKMR

A gap up rose initially and triggered long. It peaked late morning, then steadily declined, closing up over 4% today but lower than likely entrance.

BIOL

A fake out long likely when a flat debut rose slowly to trigger in an hour and change. It fast peaked and slowly fell closing up nearly 1.5% today but under the trigger.

Push:

NWS

A gap down open never triggered, steadily falling from near the open to the close, red by over 1% today.

AMRN

A gap up fell on the noise candle, discouraging longs. It steadily fell until late morning, then reversed. It greened very late, so most potential longs would have kept flat. Closed up less than 0.50% on a no play.

Totals:
Daily record: W-3-L-2-P-2
60% 

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