Tuesday, 14 July 2009
3min NQ – Gap open Play
Hi Everybody,
No sooner than I have talked about the DP on the NQ in yesterday’s post than the US markets opened and gave us a perfect “Gap Open” Play again on the 3mion NQ !
As you can see from the chart the NQ declined form one DP to another for a potential +4.4R Profit (ignoring slippage and commission). This DP actually nailed the very low of the day for us as well ! Please remember the Gap Open play is an Advanced technique as it requires some manual use of the DP’s
But this was a nice start to the day yesterday..........
Thanks
Steve
No sooner than I have talked about the DP on the NQ in yesterday’s post than the US markets opened and gave us a perfect “Gap Open” Play again on the 3mion NQ !
As you can see from the chart the NQ declined form one DP to another for a potential +4.4R Profit (ignoring slippage and commission). This DP actually nailed the very low of the day for us as well ! Please remember the Gap Open play is an Advanced technique as it requires some manual use of the DP’s
But this was a nice start to the day yesterday..........
Thanks
Steve