I got some picks right on Wednesday...
Hits:
OXBT
A winning short off a gap up that rose initially, then fell under the open and flat line for entry. It continued to move under there until it closed south by over 8% today.
ARCI
A gap down debut moved sideways initially, then failed at 3.50 for the short. It kept declining, then late morning it moved sideways and negative, ending south by over 7.5% today.
Misses:
PMC
Early upside off a gap up led to a loss when this reversed on longs and soon headed under the flat line for good and ended down over 4.5% today.
LIOX
Another fake out possible short off early redness after the noise candle. It soon reversed, greening for good. Advancing in the afternoon, it ended up over 4% today.
MNKD
A fake out long possible when this gap up closed above the trigger early on after the noise candle. It soon fell under the flat line and kept going, ending red by almost 8.5% today.
Push:
ONTX
A no play push lacking a trigger long when a gap up fell from the noise candle and beyond, going under the flat line and continuing, closing red by almost 6% today.
RPXC
A no play push for potential longs likely when the hod printed on the noise candle which fell, and no other candle closed above the trigger. A steady decay ensued, and it ended down over 1% today.
Totals:
Daily record: W-2-L-3-P-2
40%
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
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Watch my instructional trading videos on YouTube:
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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
Hits:
OXBT
A winning short off a gap up that rose initially, then fell under the open and flat line for entry. It continued to move under there until it closed south by over 8% today.
ARCI
A gap down debut moved sideways initially, then failed at 3.50 for the short. It kept declining, then late morning it moved sideways and negative, ending south by over 7.5% today.
Misses:
PMC
Early upside off a gap up led to a loss when this reversed on longs and soon headed under the flat line for good and ended down over 4.5% today.
LIOX
Another fake out possible short off early redness after the noise candle. It soon reversed, greening for good. Advancing in the afternoon, it ended up over 4% today.
MNKD
A fake out long possible when this gap up closed above the trigger early on after the noise candle. It soon fell under the flat line and kept going, ending red by almost 8.5% today.
Push:
ONTX
A no play push lacking a trigger long when a gap up fell from the noise candle and beyond, going under the flat line and continuing, closing red by almost 6% today.
RPXC
A no play push for potential longs likely when the hod printed on the noise candle which fell, and no other candle closed above the trigger. A steady decay ensued, and it ended down over 1% today.
Totals:
Daily record: W-2-L-3-P-2
40%
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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