Monday, January 06, 2014

Trade review 1-6-14

I got some plays right on Monday...

Hits:

CHNR

A nice short after the up noise candle. A gap up fell steadily for entry short. It stayed under the flat line, moving sideways until it ended down 12.50% today.

ROIAK

A bare win long on the trigger entry at lunch. It moved even higher, then fell and moved sideways, closing decently and up over 7% today.

Misses:

ERB

Possible fake out loss short off an entry following the noise candle with this gap up that fell early, only to reverse and close down almost 1% but probably above entry a bit.

AFFY

Fake out loss long likely on early upside to trigger. A gap up soon reversed and steadily fell, ending red by over 7% today.

CCIH

After early weakness a reversal to trigger long soon peaked, reversed and headed under the flat line. It closed down 2% today.

Push:

MWIPD

A big gap up rose from the start, denying shorts a chance. Ended up over 67.5% today. No play.

FTEK

Fake out longs likely avoided here when this gap up fell after the noise candle, with candle 2 closing under the trigger. Steadily falling, it went red and moved sideways to close down almost 4% 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

No comments: