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Exit strategies for gap continuation scenarios
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Old 03-31-2008, 12:34 PM
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jvazquez28 jvazquez28 is offline
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Location: Queretaro, Mexico
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Question Exit strategies for gap continuation scenarios

Hi,

On Saturday you gave us a great example of gap down continuation where there was the change to enter at the loss of whole numbers several times (DV). I.e. at the loss of 45, short at 44.80; at the loss of 44, short at 43.80. What is not clear for me is when to exit such positions. Do we add to the position at the loss of every whole point or we don't add because the position has already been closed by the time of the new loss of whole point? What kind of stop is best to use on such patterns?

Thanks for the reply and for Saturday's session. Lots of ideas!
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