gaps don't mean a thing

[Lucrum]

Quote from zdreg:

the disclaimer is for the ET crazies who might .....

...what?

 

[trader198]

think gap as a big thrust bar or pluge bar. often I fade a big thrust bar or plunge bar.

80~90% time fade the opening in a gap up

80~90% time go with the gap down

that means: 80~90% time short a gap whether gap or gap down.

only 10% time you should jump on a gap up

only 10% time you should pick a bottom on a gap down

I traded lots of gap, you need some fundemental analysis to trade those gaps.

90% time if gap up/gap down, over 30~50%, buy whether gap up/ gap down.

 

[Redneck]

Quote from trader198:

think gap as a big thrust bar or pluge bar. often I fade a big thrust bar or plunge bar.

Unfortunately this is incorrect...

The mechanics behind a gap..., is not the same as a bar

How you trade it is your business.... I see no need to spread inaccuracies



RN

 

[burt_schroder]

Quote from Redneck:

Unfortunately this is incorrect...

The mechanics behind a gap..., is not the same as a bar

How you trade it is your business.... I see no need to spread inaccuracies



RN

+1

 

[rknas]

Use them if you know how to. I know traders who do. However you can be profitable without bothering about gaps.

 

[tradenstuff]

to me a gap is a breakout and can...

follow through

pull back and continue

or fail.

take your pick.