Tuesday, May 19, 2015

Trade review 5-19-15

I got a few plays right on Tuesday...

Hits:

CHOP

3 fail early won short, it closed red by over 9% today.

AMCN

A gap down rose to green and trigger long. It kept going, ending up over 12% today.

Misses:

TRCH

Early downside off this doji print closed unchanged to fake out shorts.

Push:

HNR

A big gap down discouraged shorts. It later rose slowly to end down almost 5% due to the gapper.

IDRA

A mostly steady drop from open did not trigger for longs after the noise candle. It ended down over 7% today.

QTM

A gap down fell from early and never triggered long. It ended down over 3.5% today.

WPX

A gap down fell early and slowly recovered but did not trigger long. It ended down a hair today.

Totals:
Daily record: W-2-L-1-P-4
66%

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