10/11/2006 Wed
30 - Minute Magic Cross: CTSH
High - Low Bands: No New Signals
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.
Pick stocks appear on both the Swing Scan and Break Scan Pro. It's an easy
way to capture excellent trading opportunities.
Double Scan Quick
Play
None of them looked good enough to
trade.
30-Minute Gap Play
This intraday trading strategy can be used regardless of the
trend.
Don't look around ! All you need is this list.
Be careful with exceptionally small
gaps !
This was the only one looked good.
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.
None
No trades
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 gapped down on the open. But, it formed a narrow range bar, and
this was the seventh straight up bar. Come on, I want to see a down bar !(LOL)
Swing Scan Watch
Each figure shows the size of
the gap, the order of moving averages, the new high or new low in the past five
days. The trigger indicates the buying and selling pressure. We do not hold
overnight positions more than five days. A long position will be closed when
the stock gaps down. (Sometimes, the position is liquidated on the second gap-down.)
The opposite rules applies for closing short positions.
The stock already formed two consecutive up bars. No trade.
Open Positions
None
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.