Trade review 3-5-14

I got some plays correct on Wednesday...

Hits:

SYCRF

A gap up fell from the hod after the noise candle for short entry. It continued to decay all session ending down over 12.5% today.

MY 

An early 4 fail worked for shorts. It rebounded but just held the initial hod and and fell again slowly in the afternoon, ending down over 3% today.

MLNK

This gap down rebounded after shooting past safe entry short on the noise candle. Offering a short around lunch, it continued to decay in the afternoon, ending down over 5% today.

Misses:

CBAK

This looks like a win, but with the price action it probably faked out early shorts. A gap up fell initially for entry. Then it soared green and most fades would have stopped out. Still, it slowly fell from there, ending down almost 2.5% today.

Push:

ELTP

A gap up near the lod advanced from the open, denying shorts a play. A retrace held the low and it continued to advance, ending up over 13% today.

ATTBF

A gap up near the lod advanced from the noise candle and after to deny shorts. It ended up over 30% today.

SAAS

A gap down moved sideways under the flat line all session, denying longs a play. Ended down over 1.5% today.

Totals:
Daily record: W-3-L-1-P-3
75%

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