Tuesday, March 3, 2009

E-Mini Opening Gap Fade - NQ

5 Minute Chart NQ

(Double Click Picture for a Larger View)
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Stock:NQ Emini
Entry Bar: 1
Entry Green Line:1090.50 Short
Stop Red Line: 1101.50
Result: 12 points and out gap fill

Notes: Master the Gap gives probabilities for gaps closing every day. I use these probabilities and other indicators to determine if I will fade a gap. Weak market and gave way to a nice gap fill.

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.

Learn to trade gaps

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