MILKING THE COWS - GAP FILL
Posted: Sat Jun 09, 2007 3:09 pm
MILKING THE COWS - GAP FILL
GAP HISTORY OF PAST 10 SESSIONS:
Color background means the gap was filled. The number is the size of the gap. Green = gap up and Red = gap down.
GAP UP STATISTICS FOR PAST 250 SESSIONS:
Shows how many times the stock gapped up in the last 250 sessions and how many times it filled the gapped.
GAP DOWN STATISTICS FOR PAST 250 SESSIONS:
Shows how many times the stock gapped down in the last 250 sessions and how many times it filled the gapped.
These screens show the gap fill performance of the 20 best NASDAQ Gap fillers (COWS).
Fading the gap is a very profitable strategy. It's even more profitable when you combine it with statistical analysis. Just trade stocks that fill the gap more times than not and you'll rake it in.
How to read the statistics:
Look at the first radar screen. SEPR filled the gap 5 out of 10 times. REMEMBER, the stock does NOT have to completely fill the gap for you to make money! Four days ago SEPR did not gap open.
Look at the second radar screen. SEPR gapped up 131 times and the gap was filled 113 times. 113/131 = 86% gap fill. Average size of the gap was $.31. If you trade 1,000 shares, you should be able to peel off one or more $100 bills every time SEPR gaps up.
Look at the third radar screen. SEPR gapped down 110 times and the gap was filled 83 times. 83/110 = 73% gap fill. Average size of the gap was $.31. If you trade 1,000 shares, you should be able to peel off one or more $100 bills every time SEPR gaps down.
If all you do is gap fade trades then all you have to focus on is money management. If you are trading stock that fill the gap 7 or more times out of ten, it's better than the Vegas casino's odds!!
ELD and Workspace Attached.
Note to AAPL Juicer's: AAPL is not in the TOP 20 but it's still my favorite cow.
Note: There's a bonus in the ELD and Workspace but you'll have to download to get the Pirate's Treasure!!
GAP HISTORY OF PAST 10 SESSIONS:
Color background means the gap was filled. The number is the size of the gap. Green = gap up and Red = gap down.
GAP UP STATISTICS FOR PAST 250 SESSIONS:
Shows how many times the stock gapped up in the last 250 sessions and how many times it filled the gapped.
GAP DOWN STATISTICS FOR PAST 250 SESSIONS:
Shows how many times the stock gapped down in the last 250 sessions and how many times it filled the gapped.
These screens show the gap fill performance of the 20 best NASDAQ Gap fillers (COWS).
Fading the gap is a very profitable strategy. It's even more profitable when you combine it with statistical analysis. Just trade stocks that fill the gap more times than not and you'll rake it in.
How to read the statistics:
Look at the first radar screen. SEPR filled the gap 5 out of 10 times. REMEMBER, the stock does NOT have to completely fill the gap for you to make money! Four days ago SEPR did not gap open.
Look at the second radar screen. SEPR gapped up 131 times and the gap was filled 113 times. 113/131 = 86% gap fill. Average size of the gap was $.31. If you trade 1,000 shares, you should be able to peel off one or more $100 bills every time SEPR gaps up.
Look at the third radar screen. SEPR gapped down 110 times and the gap was filled 83 times. 83/110 = 73% gap fill. Average size of the gap was $.31. If you trade 1,000 shares, you should be able to peel off one or more $100 bills every time SEPR gaps down.
If all you do is gap fade trades then all you have to focus on is money management. If you are trading stock that fill the gap 7 or more times out of ten, it's better than the Vegas casino's odds!!
ELD and Workspace Attached.
Note to AAPL Juicer's: AAPL is not in the TOP 20 but it's still my favorite cow.
Note: There's a bonus in the ELD and Workspace but you'll have to download to get the Pirate's Treasure!!