Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Topi futures

Reply
sponono
Super Contributor
Gap close?
0 Kudos
29 REPLIES 29
suki
Super Contributor
from what i learned from Simon, YES.
0 Kudos
magicactus
Frequent Contributor
tried once @35032 stopped out once
0 Kudos
Rams
Super Contributor
will you re-enter, and what level?
0 Kudos
Preston
Super Contributor
0 Kudos
Rams
Super Contributor
ah, thats the level your mentor also punted!
0 Kudos
Rams
Super Contributor
anyway magic, idiotics aside, how do you plan to manage the gap now?
0 Kudos
SimonPB
Valued Contributor
wait for entry again .. tis why I only trade gap with +100 points on offer and 50 points risk ..
0 Kudos
Rams
Super Contributor
0 Kudos
magicactus
Frequent Contributor
same as always 50 point stop, going to see if there is a 7/21 crossover and have another go at a close above 35030. What do you sugest RAM
0 Kudos
Rams
Super Contributor
7/21 will probably make you short but Simons gap sysytem does not use any patterns...anyway, see above for my level for re-entry, lets see what Simon has?
0 Kudos
SimonPB
Valued Contributor
0 Kudos
sponono
Super Contributor
sorry children , no gap close today
0 Kudos
magicactus
Frequent Contributor
0 Kudos
Rams
Super Contributor
and there was no re-entry
0 Kudos
sponono
Super Contributor
definitely an island reversal
0 Kudos
Not applicable
What was your target?
read the distance is something like from the gap to the top, projected downward, so 36,500-35,100 = 1,400 - 35,100=>33,700 ?? or am i getting it wrong?
0 Kudos
Rams
Super Contributor
well, all the way from the lows of 34 465....looks like some person desperatly trying to close the gap...35118 and the gap will close
0 Kudos
SimonPB
Valued Contributor
hmmm, will close ??
0 Kudos