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Online Share Trading

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Gap

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john_1
Super Contributor
Looks like it is setting up for a classic.
0 Kudos
20 REPLIES 20
HateGauteng
Super Contributor
Talking about the one on STX40? Think there'll be a close?
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Electrox
Super Contributor
havnt had one of these in a while now.
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HateGauteng
Super Contributor
This is going to be my first attempt at this. If shorting at 2300 what would be a suitable exit?
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john_1
Super Contributor
22800/22750
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HateGauteng
Super Contributor
0 Kudos
Not applicable
That is the lower risk exit yes? Would a higher risk be 22750/22700?
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john_1
Super Contributor
well if the gap closes or contiues to fall no but it is a trade against the trend so be conservative...
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john_1
Super Contributor
I am looking to go long at 22700
0 Kudos
Not applicable
unemployment 521/551
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saash
Super Contributor
Ah - hello John, trading the gap? Or just setting up for the long?
0 Kudos
john_1
Super Contributor
Just setting up for the long.. I am going out so can't manage the trade.
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eddy66
Super Contributor
I don't see any gap closing?
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saash
Super Contributor
Price moved out the squeeze, wait for it.
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john_1
Super Contributor
just got back to see 750 got hit.. I hope you gapsters made a buck.
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john_1
Super Contributor
I was clearly a little greedy with my entry but got in at 800
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saash
Super Contributor
Well - my target is almost hit now :-)
0 Kudos
Not applicable
JOhn I set my expectatins a little lower (no due to low self esteme just wanted to be greedier for a change.) at 22700 and managed to get in a little lower than you. Lets see if this little position will climb nicely next week. Have a good one.
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saash
Super Contributor
Guys - please tell me why you looking to be long?
0 Kudos
Not applicable
John, I am looking to exist at 23100. What say you of exit target? Me thinks the week is gonna drop a little nut shell on our heads and we gonna look south for a few days from wed/thurs???
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