Wednesday, December 03, 2014

Trade review 12-3-14

I got a few plays right on Wednesday...

Hits:

FLML

A gap up advanced steadily for longs, before moving sideways and ending up over 7.5% today.

RNG

Early up and down moves soon yielded a long by trigger. It kept going, ending up over 2% today.

INSM

A gap down allowed entry long at the start of candle 2. It pulled back but held the flat line and advanced again, ending up over 3.5% today.

Misses:

KGFHY

A possible fake out loss short when a gap down advanced early then reversed to trigger. It then moved up and down the flat line ending almost unchanged.

ISNS

A likely loss with commissions on the 3 fail after initial upside. It closed strongly but ended down almost 2% today.

Push:

DXM

A no play push long when this gap up moved sideways, en route to an up finish of less than 0.50% and never triggering.

BV

A gap up fell from the open, denying longs and moved sideways the remainder to end up over 3% but given the price action no play was entry worthy. The initial high held throughout.

Totals:
Daily record: W-3-L-2-P-2
60%

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