I got one of these things right on Friday...
Hits:
LJPCD
A gap up rose early for hours, then steadily after lunch, eventually triggering short. It rose into the finish, but ended enough below the entry price for a small profit on correct entry.
Misses:
LTRX
A gap down fell early under the open after the noise candle for entry short. It bottomed, gradually rising and ending down over 1.5% Friday. It closed above the entrance point.
NTWK
A gap up rose early to trigger long. It soon peaked, heading down steadily. Ended red by over 1.5% Friday.
GFOX
Longs were faked out when this gap up fell after the noise candle but triggered late morning. It soon peaked and fell back under the gap line, moving under it sideways and closing red by almost 5% Friday.
Push:
APPY
A gap up fell from the noise candle, denying longs entry. It bottomed early, then moved sideways and a bit up to end down almost 2% Friday.
CORT
A no play push off a gap down debut that rose initially, peaked at the gap line and steadily declined. It bottomed late morning, moving sideways and a bit up to end red by over 3% Friday.
PAMT
A gap up steadily fell after the noise candle, denying longs entry. It kept going, staying under the flat line and ending down almost 3% Friday. No play.
Totals:
Daily record: W-1-L-3-P-3
25%
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:
LJPCD
A gap up rose early for hours, then steadily after lunch, eventually triggering short. It rose into the finish, but ended enough below the entry price for a small profit on correct entry.
Misses:
LTRX
A gap down fell early under the open after the noise candle for entry short. It bottomed, gradually rising and ending down over 1.5% Friday. It closed above the entrance point.
NTWK
A gap up rose early to trigger long. It soon peaked, heading down steadily. Ended red by over 1.5% Friday.
GFOX
Longs were faked out when this gap up fell after the noise candle but triggered late morning. It soon peaked and fell back under the gap line, moving under it sideways and closing red by almost 5% Friday.
Push:
APPY
A gap up fell from the noise candle, denying longs entry. It bottomed early, then moved sideways and a bit up to end down almost 2% Friday.
CORT
A no play push off a gap down debut that rose initially, peaked at the gap line and steadily declined. It bottomed late morning, moving sideways and a bit up to end red by over 3% Friday.
PAMT
A gap up steadily fell after the noise candle, denying longs entry. It kept going, staying under the flat line and ending down almost 3% Friday. No play.
Totals:
Daily record: W-1-L-3-P-3
25%
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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