glad I followed my system and decided against fading the
gap.
Separately I have a system that trades the Russell and it has a
Profit factor of a mere(!) 30 . Although the last 12months its only
managed a PF of 6. Its going to short tonight so lets see what
happens. Could be in the trade one day. It could be one week! Who
knows! Follow the system, walk away and enjoy the weekend with a
beer or three!
I'm watching the ES 3 minute. Just got a closing candle below
today's lows. I shorted the gap, and had a stop above today's
highs. I'm lowering it now.
my gap indicator says.......too close to call. Simply don't
know. The probabilities are not convincing either way for me so
now I have closed my longs opened last week, time to stand
aside and let it give a better indication
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Chances of gap closing seem
Posted by isplat on 3rd of Sep 2010 at 10:01 am
Chances of gap closing seem to have increased, not so?
glad I followed my system
Posted by vimal on 3rd of Sep 2010 at 04:07 pm
glad I followed my system and decided against fading the gap.
Separately I have a system that trades the Russell and it has a Profit factor of a mere(!) 30 . Although the last 12months its only managed a PF of 6. Its going to short tonight so lets see what happens. Could be in the trade one day. It could be one week! Who knows! Follow the system, walk away and enjoy the weekend with a beer or three!
IWM: gap rule
Posted by dallassteve on 3rd of Sep 2010 at 10:12 am
I'm watching the Russell. IWM briefly fell below its gap up today. Maybe just a spike, but according to the gap rules, this signals more downside.
I'm thinking it could fall back today, maybe provide some excitement after all.
I'm watching the ES 3
Posted by cw12 on 3rd of Sep 2010 at 10:14 am
I'm watching the ES 3 minute. Just got a closing candle below today's lows. I shorted the gap, and had a stop above today's highs. I'm lowering it now.
ES needs a closing candle
Posted by cw12 on 3rd of Sep 2010 at 10:07 am
ES needs a closing candle below 1099.50. This is according to Matt's highs and lows gap rule.
5 min gapless PSAR went
Posted by Michael on 3rd of Sep 2010 at 10:06 am
5 min gapless PSAR went negative
good day to dump the
Posted by 88888 on 3rd of Sep 2010 at 10:05 am
good day to dump the longs. Selling banks.
I think so, sold my
Posted by Palladin on 3rd of Sep 2010 at 10:03 am
I think so, sold my longs (finally!)
my gap indicator says.......too close
Posted by vimal on 3rd of Sep 2010 at 10:06 am
my gap indicator says.......too close to call. Simply don't know. The probabilities are not convincing either way for me so now I have closed my longs opened last week, time to stand aside and let it give a better indication