Tag: gap trade

Fairly Common Pattern

October 13, 2008November 19, 2014 9:08 AM alphatrends Education, General Blogs

of trading on a day like today looks like the crude drawing below. The market gaps higher, experiences a little shakeout, continues to rally and then churns midday. The midday churn sucks in a lot of short sellers, particularly on a 1-1:30 pullback below the daily VWAP. If the market rallies back above VWAP there … Read More

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