BR
BruceM
Rep: 216,211
Posts: 19,895
I'd like to see the texas three step open...
step one...
run it up to suck in longs for previous close
step two..
run it down so they reverese to short
step three..
run it up for the gap fill
they tried it yesterday
step one...
run it up to suck in longs for previous close
step two..
run it down so they reverese to short
step three..
run it up for the gap fill
they tried it yesterday
BR
BruceM
Rep: 216,211
Posts: 19,895
alternate is they just run it down into a minus number to try and take out overnight lows from the start only to reverse higher
BR
BruceM
Rep: 216,211
Posts: 19,895
best for me on that is the 26.25...the minus 4 number..!!!flat and waiting
BR
BruceM
Rep: 216,211
Posts: 19,895
so i sold at the plus 2.5 on the way DOWN after it hit that 33.50...fridays settlement..starting longs from 25.25....targeting 36
CH
CharterJoe
Rep: 4,475
Posts: 2,352
quote:
Originally posted by CharterJoe
If we open here were going to gap below this weeks range (IB also) Watch out for the IB breakout today below last weeks VAL.
Beautiful set-up that I wanted to share with ya'll that happens often..... Mon and Tues a.k.a. weekly IB was nice and tight, we got a gap below the weekly IB and then B penetrates last weeks VAL todays IB breakout worked very well because it already broke critical support 30 points followed.