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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Ocote who wrote (13099)3/6/1998 12:56:00 PM
From: Michael L.  Read Replies (2) | Respond to of 79270
 
Ocote, is it a turning point for CPQ? What do you think? Michael



To: Ocote who wrote (13099)3/7/1998 8:57:00 AM
From: TATRADER  Respond to of 79270
 
Here is a gap trading strategy that I use:
GAP STRATEGY
1. When a stock gaps down, set a buy order 2 ticks above yesterday's low...
2. When a stock gaps up, set a short order 2 ticks below yesterday's high..

Delayed Gap Strategy
1. When a stock gaps down, if one hour after trading, the present price is above the opening, GO LONG, BUY..
2. When a stock gaps up, if one hour after trading, the present price is below the opening, GO SHORT, SELL...

1. When a stock gaps down, if one hour after trading, the present price is lower than the opening, set a buy stop order 2 ticks above today's high...
2. When a stock gaps up, if one hour after trading, the present price is higher than the opening, set a short order 2 ticks below today's low..