http://stockcharts.c...4481&r=1543.png
Edited by Rogerdodger, 26 July 2007 - 12:43 PM.
Pristine's 30 minute Gap Buy Rule
Started by
Rogerdodger
, Jul 26 2007 12:40 PM
1 reply to this topic
#1
Rogerdodger
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- TT Member*
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Posted 26 July 2007 - 12:40 PM
Pristine's 30 Minute Gap Buy Rule worked again:
http://stockcharts.c...4481&r=1543.png
http://stockcharts.c...4481&r=1543.png
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#2
kaiser soze
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Posted 26 July 2007 - 03:13 PM
Actually, Jack Schwager (author of market wizards) mentions another rule that I have found useful in my trading.
You measure the particular day's gap in relation to other gaps in the same commodity, stock or stock index or to the average true range of price movement. Sounds complex but is quite simple. If the gap is larger than average, trade in its direction. Otherwise, fade it.
