Posted by jimbodad on 18th of Mar 2011 at 10:14 am
I had mentioned yesterday how much I enjoy this indicator.
I primarily trade futures and trading the gap is one of my
strategies.
for example - i was long 1281 $es in a riskless trade targeting
1292s (gaps usually (but not always) don't fill on opex
fridays). matt posted his chart contrary to my trade and i
ultimately was taken out per my rules at breakeven. Although
my trade ultimately didnt pan out, it was nice to see the other
side and what direction the mkt was more likely to gravitate given
the indicator. I can see this indicator being a great tool
especially when my thesis for a gap fill lines up with his.
thanks so much.
yes as always, there is always something to do on this website,
I would like to have a section on the website for those help videos
one day, but just have not had the time with all the other projects
going on. I need a 'Clone' of myself to work on site!
Otherwise guys, please get in the habit of using the powerful
search feature on the blog. It works great. Hell I use
it every day, many times to find past posts from 2 - 3 years ago
that I made! what's also nice is that you can put as many key
words in there as you want, 2, 3, 4 etc.
Pretty much every question you have has been asked and answered
on the blog already, also there are tons of educational pieces.
We are all used to using the blog in the short term daily,
but it's also a valuable resource where you can easily
dig up info
LOL that's every day this week. The gap indicator is for
the morning, not the whole day, and if you are trading that, then
you are trading 5 - 6 min time frames and should be able to react
fast enough to a change.
but yes it's Friday, today is a day to keep things light, trade
light or not at all be picky, take off early, take the wife or
mistress out to lunch, or both if you want some drama, run some
errands so that you can relax on the weekend, play some golf if
it's nice out, etc
Gap Indicator
Posted by matt on 18th of Mar 2011 at 09:38 am
for now the gap indicator is below the PAR and M3 moving averages
I had mentioned yesterday how
Posted by jimbodad on 18th of Mar 2011 at 10:14 am
I had mentioned yesterday how much I enjoy this indicator. I primarily trade futures and trading the gap is one of my strategies.
for example - i was long 1281 $es in a riskless trade targeting 1292s (gaps usually (but not always) don't fill on opex fridays). matt posted his chart contrary to my trade and i ultimately was taken out per my rules at breakeven. Although my trade ultimately didnt pan out, it was nice to see the other side and what direction the mkt was more likely to gravitate given the indicator. I can see this indicator being a great tool especially when my thesis for a gap fill lines up with his. thanks so much.
sorry dumb question
Posted by perthx on 18th of Mar 2011 at 09:49 am
where am I finding the tab that takes me to the explanation of the gap indicator and how it works?
explanation GAP indicator
Posted by hazbin1 on 18th of Mar 2011 at 09:51 am
simple, go to search on left of blog, keyword gap indicator/by member Matt, works great
Perth I asked the same
Posted by john9o9 on 18th of Mar 2011 at 09:53 am
Perth I asked the same question yesterday so Matts answer to that question should be there also. There was a video that he posted then you can review.
d'oh
Posted by perthx on 18th of Mar 2011 at 09:54 am
told you it was a dumb question, my mind went blank on thinking about search function
yes as always, there is
Posted by matt on 18th of Mar 2011 at 09:59 am
yes as always, there is always something to do on this website, I would like to have a section on the website for those help videos one day, but just have not had the time with all the other projects going on. I need a 'Clone' of myself to work on site!
Otherwise guys, please get in the habit of using the powerful search feature on the blog. It works great. Hell I use it every day, many times to find past posts from 2 - 3 years ago that I made! what's also nice is that you can put as many key words in there as you want, 2, 3, 4 etc.
Pretty much every question you have has been asked and answered on the blog already, also there are tons of educational pieces. We are all used to using the blog in the short term daily, but it's also a valuable resource where you can easily dig up info
be careful of gap indicator today
Posted by hazbin1 on 18th of Mar 2011 at 09:56 am
as Matt/Steve say, it's only an indicator, not a system, be especially careful today, option expiry and headline news..
LOL that's every day this
Posted by matt on 18th of Mar 2011 at 10:08 am
LOL that's every day this week. The gap indicator is for the morning, not the whole day, and if you are trading that, then you are trading 5 - 6 min time frames and should be able to react fast enough to a change.
but yes it's Friday, today is a day to keep things light, trade light or not at all be picky, take off early, take the wife or mistress out to lunch, or both if you want some drama, run some errands so that you can relax on the weekend, play some golf if it's nice out, etc
Some drama with the wife/mistress
Posted by cw12 on 18th of Mar 2011 at 10:13 am
Some drama with the wife/mistress or trading... which one's more stressful? lol.
trouble enough trading
Posted by perthx on 18th of Mar 2011 at 10:12 am
let alone trying to juggle a wife and mistress, man you must be a superman! now if you would just move out of that high tax state.......
Title: OK Thanks, Dad (:
Posted by brophy on 18th of Mar 2011 at 10:11 am
(: