Gapper's Eye        Gapper's Eye Index        Daytradenet Top
 



1/18/2007 Thu
   


Trades Of The Day: BRCM, NVLS, GILD And SHLD

High - Low Bands: Two New Trades


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 gapped down on the open. This meant no overnight longs, but it was not a good place to short, either. Anyway, the index formed a wide range down bar.

 


Choose stocks show up on both the Swing Scan and Break Scan Pro. 


 


 

The daily is in a down trend.

.

 


 

The daily is in a down trend.
 

 

 

Pre - selected stock


 

The daily favors longs.
 

 

 


The daily favors longs.
 

 

 

30 - Min. Gap Play

 

This is an easy to understand beautiful chart pattern.



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.



 

The Nasdaq gapped down on the open. This meant no overnight longs, but it was not a good place to short, either. Anyway, the index formed a wide range down bar.

 


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.   

 

The Nasdaq gapped down on the open. This meant no overnight longs, but it was not a good place to short, either. Anyway, the index formed a wide range down bar.

 

The Nasdaq index does not favor longs.

The Nasdaq index does not favor longs.

The Nasdaq index does not favor longs. Also, too many consecutive up bars.

No trade.
 


 

I think at least one of them have to go down. I am planning to close both positions tomorrow.
 

 

 

No open positions

 

Gapper's Eye Index

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