I got some of these things right on Friday...
Hits:
IFON
A gap up near the hod fell after the noise candle for entry short. It bottomed late morning, moving slowly up and closing red by almost 15% Friday.
AMRS
A winning long when this gap up near the lod rose much of the morning for entry. It peaked by lunch, falling down a lot but closing strong and up almost 16% Friday.
PVCT
Nice short on the 2.50 fail after the noise candle to redden early. It bottomed in 20 minutes, rose somewhat and then moved sideways until closing south by over 12.5% Friday.
Misses:
TGRO
A fake out loss short likely on early downside after the noise candle. It bottomed in an hour, slowly rose to nearly green and ended down over 1.5% Friday, but that was above the likely entrance point.
Push:
ORMP
Short possibles likely were not faked out when this gap up moved sideways initially, not reddening. It then rose steadily, greening for good. Fading a bit into the close, it ended up almost 10% Friday.
FREE
A big gap up discouraged entries. It fell initially, but the gap line held and it moved positive until closing up over 4% Friday.
CNDO
Potential longs avoided fake outs when this gap up rose on the noise candle, but fell on the very next one to red and beyond. It moved sideways and under it til close, down over 9.5% Friday. No play.
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:
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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:
IFON
A gap up near the hod fell after the noise candle for entry short. It bottomed late morning, moving slowly up and closing red by almost 15% Friday.
AMRS
A winning long when this gap up near the lod rose much of the morning for entry. It peaked by lunch, falling down a lot but closing strong and up almost 16% Friday.
PVCT
Nice short on the 2.50 fail after the noise candle to redden early. It bottomed in 20 minutes, rose somewhat and then moved sideways until closing south by over 12.5% Friday.
Misses:
TGRO
A fake out loss short likely on early downside after the noise candle. It bottomed in an hour, slowly rose to nearly green and ended down over 1.5% Friday, but that was above the likely entrance point.
Push:
ORMP
Short possibles likely were not faked out when this gap up moved sideways initially, not reddening. It then rose steadily, greening for good. Fading a bit into the close, it ended up almost 10% Friday.
FREE
A big gap up discouraged entries. It fell initially, but the gap line held and it moved positive until closing up over 4% Friday.
CNDO
Potential longs avoided fake outs when this gap up rose on the noise candle, but fell on the very next one to red and beyond. It moved sideways and under it til close, down over 9.5% Friday. No play.
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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