Wednesday, January 08, 2014

Trade review 1-8-14

I got some of them right on Wednesday...

Hits:

MWIPD

A nice win short from a gap up that fell steadily for entry early. It kept going, bottoming late morning and rising a bit while mostly moving sideways into the finish, south by almost 19% today.

LIVE 

Nice short on the 9 fail when this gap down rose after the noise candle, peaking early and then decaying steadily. It bottomed and moved sideways and bit up to end red by almost 10% today.

Misses:

BLDP

A fake out loss long likely off early upside to trigger. It peaked in 20 minutes, then steadily decayed, going red and ending down over 8% today.

Push:

PLPE

A no play push due to a symbol change. When it did it went up as well. New symbol PLPED. No trades on the old symbol.

VRS

A no play likely off a  clear gap down that rose from the noise candle and printed the lod on it. it soon peaked slowly decaying the remainder. But it never took out the initial low, closing down over 14% today. This was all lost in the gapper.

FSPM

A big gap up discouraged entries. It rose initially. then fell under the open. Those fading likely won, as it soon moved mostly sideways, ending up over 22% though due to the gapper.

PLUG

This rose from the noise candle, denying shorts entry. It peaked late morning, decaying steadily but ending up over 18% today.

Totals: Daily record:
W-2-L-1-P-4
66%

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