Wednesday, September 3, 2008

E-Mini Opening Gap Fade - ES

5 minute chart

(Double Click Picture for a Larger View)

E-mini: ES (S&P 500 futures)
Entry Green Line: At the Open 1275 - 5 point Goal
Stop Red Line: 7 point stop
Result: Sold half at gap fill 1277.25 / sold half at overnight high 1280 points -
Notes: I take these from time to time pending on multiple factors. Indices have a high tendency to fill some point during the day. SSO and SDS are also good for fading the open with.

No comments:

Post a Comment