Monday, November 9, 2009

Here is a not so brilliant strategy that worked like a champ

As posted previously the ES did a breakout above Friday's High ( GAP +12Pts )

The odvious bullish reaction to the Unemployment Report was one clue.Many novice traders tend to fade the gap without been aware of the statistics of gaps been filled after the open.

There was no Long Entry Signal until 5mins after the 9:30am Open.

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