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A GAP close this early?

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Electrox
Super Contributor
What u guys think?
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7 REPLIES 7
Electrox
Super Contributor
well i guess if you just believe in them you would act.... I did
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Zirk
Frequent Contributor
Prob could have taken profit at approx 61.8% on 5min. Guess not closing and now in "ambush zone"? OMO Wadda u think?
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Electrox
Super Contributor
FTSE came off resistence @ about 3910.. and has retraced to the 50% so far.. me thinks may ftse will restest that high today, allowing us the chance to close the gap.. if not .well a profit is a profit
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venice
Super Contributor
Electrox a nice way of trading is to scale out. So sell a third of your position every 100 points and leave the last third on the table. But look at the upside if it doesn't close today and we have a healthy sell off then someday soon we will repeat the last two days sometime soon. Got to love the gap trade.
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Not applicable
I'm already out - set a tight trailing stop so as not to interrupt me breakfast; but me wallet is heavier so not bad.
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Electrox
Super Contributor
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Electrox
Super Contributor
which way you think this squeeze will fire?
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