Monday, October 5, 2009

E-Mini opening fade gap - NQ


(Double Click Picture for a Larger View)
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Stock:Emini NQ
Entry Bar: 1 at the open
Time Frame: 1 minute chart

Entry Green Line: 1668.50 Short
Stop Red Line: 1678.50
Result: out.. 1663.25...+5.25 points
Notes: Got out a point in front of gap fill, out early. It popped and then eventually rolled over and filled the entire gap. I took this trade using the data from master the gap site. Took two one minute trades in INFY as well. A loss and a win.

* 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.



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