5/3/2007 Thu
Trade of the Day: EXPD
Hatch3 Gap Play
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 opened a bit higher.
This is our newly released Swing
Scan
This is a level 3 stock. Let's see
how it turns out.
This is going to be a quick trade.
Hatch3
It indicates to trade 1200 shares.
Up two points in 2 minute !
This is $2400 profit.
The stock has the average daily range of 1.2 point. This was excellent
profit.
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.
There was no second trade. I
waited, but no bounce.
The index closed with a narrow
range up-bar.
Gapper's Eye Index
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