I got some of them correct on Wednesday...
Hits:
MRIN
A gap down advanced from early on and kept going, triggering long. It ended up over 4.5% today.
MNDL
A gap up triggered long late morning. It kept going, ending up almost 7% today.
Misses:
WLDN
A fake out for shorts likely when this gap up fell early, only to reverse and green. It ended up over 2.5% today.
Push:
DEPO
A gap down could not close above the flat line, preventing fake outs long.It doji printed, ending down over 1% today.
ROYL
A no play on this gap down that never triggered long. It doji printed and ended down almost 1% today.
SGMS
A no play for potential shorts when this gap down moved up and down the flat line and did not quite trigger. It ended down almost 1% today.
DGLY
A clear gap up discouraged longs, but it soon peaked and steadily fell for a 7 fail. From lunch on, it fell and ended down over 18% today, but the gap situation made shorts risky by my rules.
Totals:
Daily record: W-2-L-1-P-4
66%
New users: Read my trading guide for my play set-ups!
Review my blog at Investimonials:
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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
Hits:
MRIN
A gap down advanced from early on and kept going, triggering long. It ended up over 4.5% today.
MNDL
A gap up triggered long late morning. It kept going, ending up almost 7% today.
Misses:
WLDN
A fake out for shorts likely when this gap up fell early, only to reverse and green. It ended up over 2.5% today.
Push:
DEPO
A gap down could not close above the flat line, preventing fake outs long.It doji printed, ending down over 1% today.
ROYL
A no play on this gap down that never triggered long. It doji printed and ended down almost 1% today.
SGMS
A no play for potential shorts when this gap down moved up and down the flat line and did not quite trigger. It ended down almost 1% today.
DGLY
A clear gap up discouraged longs, but it soon peaked and steadily fell for a 7 fail. From lunch on, it fell and ended down over 18% today, but the gap situation made shorts risky by my rules.
Totals:
Daily record: W-2-L-1-P-4
66%
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
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