Thursday, December 05, 2013

Trade review 12-5-13

I got some plays correct on Thursday...



A clear gap down fell steadily for early entry short. It kept declining, ending down over 12% today.


A winning short off early redness from a gap down that rebounded but held the previous session highs. It closed weakly and down over 3% today.


A gap down fell early, yielding a short entry. It rebounded, but the previous session high held, and it fell again in the afternoon, ending down over 3% today.



A fake out loss long possible when this flat debut fell initially, then greened and almost made new annuals. It then fell back negative, rebounded, holding the flat line and closed  weakly and down over 3% today.



A push likely on correct entry via candle 2. This gap up soon fell back to the flat line, but rose in the afternoon to close up over 2% today, about a cent above entry, so counting commissions it's a toss up.


A big gap down discouraged shorts, though they might have been barely profitable. Sideways and upwards moves ended negative by over 8.5% today. No play since longs were out and the 3.50 fail was, too as the noise candle shot too far past the price area.


No trigger long on this no play gap down. A steady decline ended down over 4.5% today.

Daily record: W-3-L-1-P-3

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