Thursday, June 26, 2014

Gap Trading - Nicholas Tan

Gap Trading by Nicholas Tan, organised by TASS on 26Jun2014 at SCCCI.




He shared one Larry William strategy on S&P - Morning Reversal

If the gap down (or up) and reversal back 5 pt above the OP (or 5 pt below) within first two hours then market has reversal for that day.







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The Intraday Gap Trading Strategies using S&P for illustration. Gap likely filled or tried to fill within half an hour and continue the trend.