Gap Traders _____ post some guidelines that keep you gap traders profitable and in the game. charts rules do's and dont's tips tricks and traps ... also, Anybody who wants to do a little digging online and post a round-up of what you conclude, or find, or a summary, or... do it to it. - gap trading breakaway continuation exhaustion https://yippy.com/ysa/cgi-bin/query-meta?vroject=yippy-com-images&v:sources=yippy-images&query=gap trading breakaway continuation exhaustion& gap trade fill https://yippy.com/ysa/cgi-bin/query-meta?v:sources=yippy-images&vroject=yippy-com-images&query=gap+trade+fill -
IMV, the only candlestick patters of worth are those at the end of big/range moves, indicating "reversal possible".... Morning Star, Evening Star, Shooting Star, Hanging Man, Hammer, Engulfing, Dark Cloud Cover.... and maybe Harami. There are 4 kinds of gaps... Gap-n-Go Gap-n-Crap Gap-Fill-Resume Gap-"half-fill"-resume Initially you have to guess as to which one it is... but at least it's limited to these alternatives.
i used to trade gap ups all the time on earnings. however, i would find myself chasing at the open and would sometime get destroyed on the pull back. what i do now is wait about 10-20 minutes, sometimes a little longer before i jump in on a pull back. playing gaps are tough but can be quite rewarding. it takes discipline and caution.