Tuesday, January 07, 2014

Trade review 1-7-14

I got some of them right on Monday...

Hits:

MWIPD

A gap up fell from the hod, yielding a short. It kept going, ending south by over 8% today. This was below likely entrance.

SCON

A nice short off a gap down that failed 3 at about 20 minutes in. It kept slowly declining until it finished south over 12% today.

Misses:

CHNR

A fake out short possible when this gap down fell early, yielding an entry. It soon traveled sideways and up, closing red by over 1.5% today but above the entrance price.

EXEL

Fake out loss long likely on this gap up that closed under the open. Yielding a long on candle 2, this proved to be the hod. A steady decline ended it up no more than 0.50% today. That was under the entrance.

PLPM

A fake out short likely off a flat debut that fell early under the gap line for entry. It soon rebounded, greening by lunch and ending up over 0.50% today.

Push:

PLPE

A big gap up rose from the open to prevent short fake outs. Peaking late morning, it closed up over 28% today. No play.

VRS

This also rose from the open, preventing short fake outs. It peaked near lunch, slowly falling but still ending up over 35% today. No play.

Totals:
Daily record: W-2-L-3-P-2
40%  

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