It’s time to see how many gaps were formed and filled through the month of July!  July recorded the best performance so far for the ‘gap fill’ strategy - let’s look at the numbers.
For these studies, I use the DIA (Dow Jones ETF) and consider a ‘gap’ as being any opening price that is at […]

The Fed decision and declining oil prices gave us yet another major trend day in the indexes that was more in-line with textbook definitions.  What do I mean?  Let’s look at the charts.
August 5th - DIA 5-minute chart:

Generally, two events precede a trend day:
1.  Range contraction or some sort of narrow candle pattern (such as […]

August’s edition of SFO Magazine (Stocks, Futures, and Options) is entitled, “Battered and Bruised - Systems Trading School of Hard Knocks” and is available for your online or at home viewing.
If you’ve ever thought about systems trading, or are currently developing an automated or mechanical trading system, this episode was specifically designed for you.  In […]