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Trading SystemJoker Trading System : Stocks : prevnext Open Gap Trading Jeff Cooper

Trade the gap

Just before the close scan for stocks with a stunning first day run in a market which looks at least slightly positive. These stocks have a higher probability to open the next morning gapping up, giving you an instant profit, or the chance to hold on for a trend that may develop. Important is to estimate the stock's potential for a further run. That's why it must be the stock's first strong day and it should no be too high from a charting perspective. This strategy is probably the best working of Jeff Coopers' setups.