Friday, October 10, 2014

Trade review 10-10-14

I got some of them right on Friday...

Hits:

HIIT

A gap up fell from the noise candle for shorts. It kept going, ending down over 5.5% Friday.

DYNT

A clear gap up fell soon after open to trigger short on the 4.50 fail. It kept going a bit, moving sideways and ending down over 11.5% Friday.

Misses:

OBCI

A clear gap up rose initially to fake out longs. It soon peaked then fell back to just over the gap line, moved sideways and ended down up over 9% Friday due to the gapper but below the entry likely.

EZCH

A gap down fell early, then reversed to trigger long. It fast peaked and reversed again to end sideways almost unchanged Friday.

Push:

ITKG

A gap down steadily rose, denying shorts a play. It ended down almost 1.5% due to the gapper.

ESI

A gap down did not trigger long, gradually falling and ending down almost 14% Friday.

MFA

A big gap up never triggered short, moving up initially then sideways, ending up a bit less than 1% Friday.

Totals: Daily record: W-2-L-2-P-3
50%

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