Gapper's Eye        Gapper's Eye Index        Daytradenet Top
 



1/24/2007 Wed
   


Trade Of The Day: GOOG

Net Aid

High - Low Bands: None


Gapper's Eye utilizes our original unique stock scanner, Break Scan, and sophisticated chart software, CQG. With nominal fee, the Break Scan is available to our members.  

The Kamikaze Gap Play was introduced to the U.S. traders in the August 2005 issue of Active Trader Magazine.   

 



The Nasdaq gapped up on the open just below the 20- day MA. So, we decided not to open swing positions. Anyway, the index formed a wide range up-bar. 


 

  Click here for excerpts from Net Aid

 

GOOG exploded higher. 

 



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.


 


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.   

 

 

As I explained above, no swing trades today. 

 


 

No trade

 

No trade

 

 

No existing positions

 

 

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.