Thursday, March 19, 2009

Gap Fade Today - Master the Gap.com

YM and EX e-mini made for some nice gap fade setups today. I use Master the gap to help me gauge if I am going to gap fade and index.

Some of the statistics you receive are the percentage a gap will fill in a certain zone and its profit factor. For example today the YM (dow e-mini index) had a 83% chance to fill its gap with a 2.12 profit fact for the zone it opened up in today. (this is taken over a ten year period)

Again I highly recommend Master the Gap and always use a stop.

Learn to trade gaps

1 comment:

admin said...

Weekly Market Forecast - http://chartsandcoffee.blogspot.com/2009/03/sunday-night-coffee-3222009.html

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