Monday, February 03, 2014

Trade review 2-3-14

I got some of them right on Monday...

Hits:

PLPL

A win short when this gap up rose early, peaking in under 30 minutes. It then steadily fell, yielding entry around lunch when it fell under the open and flat line. It kept going, flattening and closing red 16%+ today.

JOB

A clear gap up fell hard on the noise candle, reversing to the flat line and moved along it most of the way until afternoon. Then it fell into the end for entry, closing south by at least 20% today.

ORYN

A gap up fell from the noise candle and after for entry short. It bounced 30 minutes in, staying red and then fell a bit. Moving sideways the remainder, it ended down over 34.5% today.

Misses:

RGRX

A possible fake out short on early weakness after the noise candle, which rebounded to the flat line by day's end to finish unchanged today.

FSPM

A fake out short likely when a gap up fell from the noise candle and after for entry. It bottomed in 20 minutes and rose steadily, greening. Moved sideways above the gap line, ended up at least over 7% today.

Push:

IMTC

A gap up from the lod rose from the noise candle, denying shorts entry. Soon it moved sideways and remained positive, ending up over 10.5% today.

VAPR

Few shorts would have bit when this solid gap up rose from the noise candle and after, soon moving sideways. It steadily fell until lunch, but never reddened. Advancing from there, it ended up over 12% today.

Totals:
Daily record: W-3-L-2-P-2
60%  

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