Tuesday, March 04, 2014

Trade review 3-4-14

I got some right on Tuesday...

Hits:

SYCRF

A gap up fell early under the open and flat line for short entry. It kept going, recovering somewhat but still finishing down over 4% today.

CBAK

A gap up steadily fell from the open and after for entry short. It kept going, then moved sideways late morning to end down over 6% today.

Misses:

ELTP

A fake out loss short when this gap up fell early after the noise candle under the open and flat line for entry. It reversed, greening, steadily advanced and ended up almost 12% today.

MTSN

A fake out long loss when this gap down advanced early to trigger. It soon fell back to the flat line and even under, ending down less than 0.50% today.

Push:

ATTBF

A gap up slowly rose, denying shorts entry. It ended up over 2.5% today, despite a late decline. No play.

BEBE

A gap up fell from the noise candle and after, denying longs. The initial high held, and it ended down over 0.50% today. No play.

USU

A no play push long when a gap up never triggered, falling  from the noise candle and after. Late morning it moved sideways to end down over 8.5% today.

Totals:
Daily record: W-2-L-2-P-3
50%

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