Wednesday, 19 May 2010

Gap Opening DP


But it does not stop there...................

For those of you who follow this Blog regularly, you will all know that I like the “Gap Opening Play”, especially when it falls in line with the larger degree chart, as it did yesterday.

As you can see, this could have added another +8R Profit (ignoring slippage and commission) to the +7R Profit in the post below, making yesterday a truly amazing day for the Advanced Traders among you. This does show how amazing the tools in MTPredictor are once you learn how to use them.

Thanks, Steve

PS, have any of you spotted the difference between the TS3 sell that came after a Wave 5 decline that fell short of the DP from the Wave 4 high, between yesterday and today ? Hint: Larger degree trend.