![]() ![]() You should seek professional advice or conduct your own research before making any investment decisions.Īny reliance you place on the information provided on is strictly at your own risk. The content provided on is not intended to be financial or investment advice. Trading and investing in financial markets involve risks, and past performance is not indicative of future results. While we strive to ensure the accuracy and reliability of the information presented, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. In such a situation, day timeframe players should focus on individual stocks rather than futures as there will be more playable movement.ĭisclaimer for The information provided on is for general informational purposes only. Gaps of larger than $20 in the /ES are difficult to trade and should be avoided early in the day as the market usually tends to just “digest” the overnight move and not go anywhere. low is touched on a gap down) and value cannot get to at least overlapping, then the odds of a late day rally (on a gap up) or late day selloff (on a gap down) increase.Ĥ. In the /ES this means the price action from 9:30am EST to 4:15pm EST only. high is touched on a gap up or the prior day’s RTH Regular Trading Hours. ![]() ![]() If the gap fills (meaning the prior day’s RTH Regular Trading Hours. Larger gaps can often fail to fill on the first day or may fill only partially.ģ. This means that if early trade doesn’t start to correct the imbalance, then prices will probably move in the direction of the gap.Ģ. Go with all gaps that don’t fill right away. As a gap is a "reordering of thinking", only a true gap really changes the tone and creates opportunity to trade early rather than later. Thus a true gap is one that has price opening completely outside of the prior day's range (either above the high or below the low) and anything else is just a gap that has far less import. Here at ShadowTrader we believe that it is always and only to a prior day's high or low, thus creating a true gap or space on the chart between one day and the next. Is it measured to the prior day's close, or to the prior day's high or low. Only opening outside of range is a true gap There is a lot of discussion as to what constitutes a gap. Guidelines to follow on any day that the futures open outside of the prior day’s RTH Regular Trading Hours. ![]()
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