I got some picks right on Friday...
Hits:
AFFY
A nice win long when a flat debut from the lod went sideways initially, then rose for entry. It peaked late morning, then fell, but ended up positive by over 5% Friday.
KIOR
At least a modest win for shorts given the likely entrance point when a gap up fell on the noise candle, then bounced and stayed red. It resumed falling and steadily did so, ending down over 8% today.
KNDI
Another likely win short when a gap down debut fell on the noise candle, then rose. It then fell back under the open for entry, continuing to fall until after lunch. A failed bounce ended it red by over 6.5% on Friday.
Misses:
NAMG
A fake out loss for shorts likely when a gap down fell on the noise candle, then rose briefly. It resumed falling, going under the trigger. Bottoming in 50 minutes, it slowly rose, ending red by over 5% Friday but above the entrance price.
Push:
KGJI
A gap down from the hod fell from the noise candle and after, not triggering. A bounce held the flat line and it ended south by almost 3% on Friday.
CECO
Another gap down which rose but never triggered. Peaking early, it steadily fell, ending red by over 4.5% on Friday.
DANOY
Another no play push when a clear gap down never triggered long. It moved mostly sideways, en route to a down finish of over 1% Friday.
Totals:
Daily record: W-3-L-1-P-3
75%
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Hits:
AFFY
A nice win long when a flat debut from the lod went sideways initially, then rose for entry. It peaked late morning, then fell, but ended up positive by over 5% Friday.
KIOR
At least a modest win for shorts given the likely entrance point when a gap up fell on the noise candle, then bounced and stayed red. It resumed falling and steadily did so, ending down over 8% today.
KNDI
Another likely win short when a gap down debut fell on the noise candle, then rose. It then fell back under the open for entry, continuing to fall until after lunch. A failed bounce ended it red by over 6.5% on Friday.
Misses:
NAMG
A fake out loss for shorts likely when a gap down fell on the noise candle, then rose briefly. It resumed falling, going under the trigger. Bottoming in 50 minutes, it slowly rose, ending red by over 5% Friday but above the entrance price.
Push:
KGJI
A gap down from the hod fell from the noise candle and after, not triggering. A bounce held the flat line and it ended south by almost 3% on Friday.
CECO
Another gap down which rose but never triggered. Peaking early, it steadily fell, ending red by over 4.5% on Friday.
DANOY
Another no play push when a clear gap down never triggered long. It moved mostly sideways, en route to a down finish of over 1% Friday.
Totals:
Daily record: W-3-L-1-P-3
75%
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
Follow me now on Twitter:
Watch my instructional trading videos on YouTube:
Subscribe to Big T by e-mail:
Subscribe to Big T in a news reader:
The blog has a terms of service. Be sure to read it at:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
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