ES Journal - 2012

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Quote from Laissez Faire:

Might get some good ideas there, but I feel more confident about the statistics if I`ve done them myself. :)



Thanks.

Actually, I already picked up a lot of great stuff from Lawrence and I believe I have recommended his work several times both here and in PMs.

So yes, I agree. :)

The inside gaps - opening within previous day range, has a better chance to be filled same day than the outside gap.

I posted the results in my site, you can find by searching for "inside gap" and "outside gap"

Now, these past 4 days is extremely rare - 4 gaps in a row not filled on same day.

As I said a week ago, we will get more down days. Not necessarily a bearish structure, but definitely be aware of downside potentials because S&P is by design to not going straight up for a long period of time.
 
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