7/21/2006 Fri
High - Low Bands: Which One
Would You Pick?
Gapper's Eye utilizes the original macro program designed by
DayTradenet.com
for the CQG chart system.
This program shows
the support and resistance lines as well as the Quatro Setup Zone.
The Break Scan System is provided as one of the
DayTradenet members
services.
The Kamikaze Gap Play
was introduced to the U.S. traders in the
August 2005 issue of Active Trader Magazine.
This is the final day of the seminar.
30-Minute Gap Play
This intraday trading strategy can be used regardless of the
trend.
GOOG staged a nice breakdown while I was on the on-line seminar.
One attendee successfully captured this move.
30-Minute Magic Cross Gap Play
This is a daytrading strategy utilizing the Swing
Scan. Our goal is to take one bar worth of profit
on the 30-minute chart. Just by using the Swing Scan, you can play
both swing and intraday trading.
The Breakscan Pro comes with the 30-minute Magic Cross.
This gap is too big. No trade.
This gap is way too big. (LOL)
As you can see, the size of the gap is critical to successful trading.
Three trades, three wins.
High - Low Bands Gap Play Watch
This strategy can be applied effectively by using the
Swing Scan. As the name implies, this system scan stocks for
swing trading. Of course, these stocks are suitable for intraday
trading, too. Don't just concentrate on stocks. Be sure to follow
the index.
The Nasdaq opened lower.
Swing Scan Watch
Which one do you think I should trade? I will let you know the answer tomorrow.
Overnight Positions
Still open.
Still open
Gapper's Eye Index
Daytradenet Top
Red and blue zones show the gap of the preceding
day.
The Green zone indicates the profitable zone of
trading.