Wednesday, December 04, 2013

Trade review 12-4-13

I got one of these things right on Wednesday...

Hits:

ZOOM

A gap up from the hod rose to the flat line, failing there yielding an early fade entry. It bottomed after lunch, moving sideways until it closed red by over 7.5% today.

Misses:

SHPR

A fake out loss counting commissions likely when a gap up fell soon after entry, recovered and greened for entry long. It was fine until a weak close ended it right on the trigger, up over 2.5% today. 

FRO

A fake out loss short likely when a gap up fell under 3.50 early for entry, which soon reversed and greened, keeping going and ending up 8% today.

TDS

Early weakness reversed and this greened and triggered long in the first 45 minutes before it fast reversed and headed below the flat line for good, ending down over 1.5% today.

Push:

CRIS

A no play push when a gap down from the hod fell from the noise candle steadily, until afternoon. It then rebounded, but ended down over 3% today. No trigger for longs.

SNTA

A gap down never quite triggered, falling out of the open and going up and down under the flat line. It closed no better than unchanged, so longs had no play.

ETRM

A big gap down prevented shorts, and longs never triggered. It meandered under the flat line going sideways, ending down over 13% but never yielded a good entry.

Totals:
Daily record: W-1-L-3-P-3
25%    

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