Gap Opportunity
Taiwan closed 353.9 yesterday. Today open @ 356.6 (GAP UP)
Still remember the steps? If it open and show summer, go long when the market show you buy signal.
Taiwan open on Summer, a summer IB was formed, triggered and move higher.
From IB signal trigger (356.7) to our first resistance level (360.0) at 9:30am, that is 33 tics for 45 mins job. Take the most conservative trading size of 3 lots (Risk per trade = $200), that is $990.
We have a happy trader declaring "Daily target profit reached" and call it a day.
Cheers :)
RISK DISCLOSURE STATEMENT:
THE RISK OF LOSS IN TRADING CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE FUTURES MARKETS. YOU SHOULD THEREFORE CAREFULLY STUDY FUTURES TRADING BEFORE YOU TRADE.
