3309 Drysdale Ct
Edwardsville, IL 62025
I've noticed through observing the system for a while that on gap-up or gap-down openings - the 1st trade tends to be a loser.
Is that something others have noticed? Or am I wrong on that?
It follows from the swing extreme, the moving avgs are getting settled to the new level closer to where the gap settled.
Klatuu
There are no moving averages in the AIG system. It's a pivot system.
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AIG System
Posted by soulman on 5th of Jan 2010 at 09:48 am
I've noticed through observing the system for a while that on gap-up or gap-down openings - the 1st trade tends to be a loser.
Is that something others have noticed? Or am I wrong on that?
Good observation
Posted by klatuu on 5th of Jan 2010 at 10:02 am
It follows from the swing extreme, the moving avgs are getting settled to the new level closer to where the gap settled.
Klatuu
There are no moving averages
Posted by algyros on 5th of Jan 2010 at 10:28 am
There are no moving averages in the AIG system. It's a pivot system.