Saturday, November 10, 2007

Gap Trading Strategies

Gap Trading StrategiesGap trading is a simple and disciplined approach to buying and shorting stocks. Essentially one finds stocks that have a price gap from the previous close and watches the first hour of trading to identify the trading range. Rising above that range signals a buy, and falling below it signals a short.

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John Murphy's Key To Success: Simplicity

"My work has gotten better due to simplifying my approach," John J. Murphy, the veteran technical analyst, author and CNBC resident technical analyst, told a group of equities and futures traders attending the Technical Analysis Group (TAG) XVIII trading conference sponsored by Dow Jones Telerate in New Orleans. Murphy said he relies heavily on f

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