Trade review 8-14-14

I got some plays right on Thursday...

Hits:

BIOF

A gap down rose from the noise candle to trigger for longs. It peaked late morning, moved sideways and ended up almost 7.5% today.

SB

A steady climb up from the noise candle via a gap up yielded a winning long. It moved sideways late morning to the end which was up over 5% today.

BPTH

A gap up triggered by late morning for longs. It kept going, ending up over 13% today.

CANV

A gap up advanced after the noise candle to trigger long. It moved sideways, ended strongly and up over 24% today.

KS

A gap up triggered long by candle 2, and moved sideways and down to end up almost 2% today.

Misses:

EGOV

Fake out of shorts likely when this gap down fell early under 19, only to rebound and green. It moved sideways the remainder, ending up almost 1% today.

Push:

HZNP

A gap up soon fell after the noise candle, with candle 2 closing below the trigger. Longs not likely faked out with this price action. It kept declining, ending down almost 3% today.

Totals:
Daily record: W-5-L-1-P-1
83%

New users: Read my trading guide for my play set-ups!

Review my blog at Investimonials:

Follow me now on Twitter:

Watch my instructional trading videos on YouTube:

Subscribe to Big T by e-mail:

Subscribe to Big T in a news reader:


The blog has a terms of service. Be sure to read it at:


http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html