Thursday, September 26, 2013

Trade review 9-26-13

I got some of them right on Thursday...

Hits:

TGS

A nice short off a gap up that fell from the noise candle and after for entry. It mostly hugged the flat line, closing enough below likely entrance for some profit.

DSCO

This triggered early, but closed under it on that candle. But it clearly did by late lunch. Longs won narrowly when it closed at 2.

SYMC

A gap down triggered on candle 2, and kept advancing for longs, ending up near 1% for the win.

Misses:

AMBA

An early fake out long likely on new annuals after a gap up that fast peaked, then fell back to the flat line. It closed strongly, up over 1% today but that would have been under entrance.

ZAGG

Another fake out long when a gap up rose steadily early for entry. Peaking in an hour or so, it steadily fell and eventually closed down a tad today.

PACB

Any entry short on candle 2 lost despite this gap down open finishing red by over 3% due to the probable entrance price. A tough loss since it looks like a win on paper.

NAT

Early longs were faked out on the trigger via candle 2 after a gap up debut. It steadily fell from there, en route to a down finish of over 1.5% today.

Push:

None.

Totals:
Daily record: W-3-L-4-P-0
42%  

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