Opening gap. How to play them?

[Marlon]

I have read alot about trading the opening gap. I have also noticed that they tend to close the same day majority of the time. To learn this strategy, what will I need to look for? Should I fade at the open? What is the percentages of success? I do not normally trade the first 15 minutes but will be interested in applying a new tactic.

[Lisa]

	Quote:	Marlon
	I have read alot about trading the opening gap. I have also noticed that they tend to close the same day majority of the time. To learn this strategy, what will I need to look for? Should I fade at the open? What is the percentages of success? I do not normally trade the first 15 minutes but will be interested in applying a new tactic.

Have you done a search in this forum? There are plenty of good threads, charts, and videos on the opening gap. Go to Search and type in "Gap" or "Opening Gap".

[chaostrader]

	Quote:	Marlon
	I have read alot about trading the opening gap. I have also noticed that they tend to close the same day majority of the time. To learn this strategy, what will I need to look for? Should I fade at the open? What is the percentages of success? I do not normally trade the first 15 minutes but will be interested in applying a new tactic.

Why don't you backtest it and obtain the data yourself? The best way is to study it, test it, and devise your own trading methods.

[Soultrader]

Marlon, I just posted a video I made. I was in a rush trying to trade and record so its fairly short. You may find it useful with opening gaps and opening action.

http://www.traderslaboratory.com/for...rket-open.html