Wednesday, September 17, 2014

Trade review 9-17-14

I got some of them right on Wednesday...

Hits:

SINO

A gap up soon fell, yielding a short. It kept going, ending down over 14% today.

TRQ

An early entry off the flat debut under 4 yielded a short. This fell late after sideways moves and ended down a bit less than 1% today.

NYNY

A gap up kept going, yielding a long. It ended up almost 36% today after peaking early and moving sideways, ending strongly.

Misses:

SVM

A fake out long on closes above the trigger in the afternoon. It collapsed into the end, finishing red by over 2% today.

BYD

A gap up advanced early, yielding a long. It reversed and ended down over 1% today.

Push:

AVNR

A gap down moved sideways and up, preventing short fake outs. It kept going, ending up over 3.5% today.

BTU

Price action helped avoid long fake outs when this did not go over the trigger price early. It fell from the open and later steadily to end down almost 2% today.

Totals: Daily record: W-3-L-2-P-2
60%

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