Trading the open...

[Doomberg]

Does anyone else like doing this? Today the Dow gapped up and presented the perfect re-trace short opportunity, and when it reached the bottom it stalled and presented a nice tight stop long. Does anyone do these type of trades on a reqular basis? I do and use a method called AKZ (actionzone) and once you get the nack of it, it can be quite good.

 

[TradingEd]

Does anyone else like doing this? Today the Dow gapped up and presented the perfect re-trace short opportunity, and when it reached the bottom it stalled and presented a nice tight stop long. Does anyone do these type of trades on a reqular basis? I do and use a method called AKZ (actionzone) and once you get the nack of it, it can be quite good.

Yes, i find this a very handy trading strategy on the aussie200 index