Gap trading system

[Mar-11]

my gap system,if gap up like this morning...u draw fib retrace from last hr low(previous day) to 1st 1 hr high (current day), a break of 38.2 fib..i look for gap close(or atleast 61.8/50 level if in gap area)....a break of 1 st hr high... enter in direction of gap.....today was odd tho cause gaped up at close yesterday(so not very good eg)...

[#2]

Mine is as follows. Futures opening put us at yesterday's high, while FTSE not really moving. So short at the premarket open (for me 28970) with a stop above 29000. Automatically puts you in the gap, which since it is against the trend, I take profit early. 28870 was my target

[Mar-11]

i use the levels as key levels....for long entry or short exit......in ur eg this am probally would have taken profit round 895(38.2%)..pop above was long entry...

[Mar-11]

added at pop of HOD

[#5]

Pivot points in combination with fibs and MA on 5min, if all 3 co inside high probability trade..

[Mar-11]

38.2 meets open today...not to sure will break....

[#7]

Yip, but I am good for another 100pts. 29135 - 29020.