Trade review 8-18-14

I got some of these plays right on Monday...

Hits:

SGMS

A gap down fell initially, then moved sideways and triggered long around lunch. It kept going, ending up over 8% today.

NQ

A gap up entry on candle 2 yielded a long that mostly moved sideways but won, ending up over 3% today.

Misses:

EMDC

A loss short by fake out under 1.50 on early down side. It rebounded, moved sideways and ended down over 3% today but at the entrance point, so with commissions it's a loss.

LSCC

A gap up eventually closed above the trigger long late morning, then moved sideways the remainder, closing up less than 1% today. This was so close to the entry that with commissions most lost.

Push:

BSQR

Sideways to down price action prevented long fake outs. It eventually ended down over 1.5% today.

PIP

A gap down ended near where entry short occurred. A good entry might have won a tad. After a bounce it fell again and moved sideways to end down over 3% today.

EGLE

Looks like a fake out long but the price action stopped this with successive opening candles each closing lower or without any direction before heading under the flat line. Ended down over 6% today.

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

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