Fading the opening gap
I would be interestred to hear from anybody who is sucessfully fading the opening gap using LSE stocks.
In particular what profit taking stop is used? There seems to be 2 schools of thought -either a trailing stop or an order to exit when the gap is filled and leave it for the day.
Any views are much appreciated.
Re: Fading the opening gap
hi jim, I have been watching the FTSE Futures opening gap for the last couple of weeks but it doesn't seem to be profitable. Have you had any luck working out a strategy ?
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