Taylor Trading Technique (TTT) | Trading Reviews and Vendors


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Taylor Trading Technique (TTT)

  #22 (permalink)

Bromont,QC
 
Trading Experience: Intermediate
Platform: NT,TS,Esignal
Broker/Data: Kinetick and AMP futures
Favorite Futures: US Index Futures
 
richbois's Avatar
 
Posts: 35 since Sep 2009
Thanks: 2 given, 25 received


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I have heard of one strat that fades the gap at the open on ES, but like you said I try to avoid the fades. Interestingly enough, I attempted a long on ZN today...Wasn't successful and I followed all my trading rules. Anyway, hindsight is 20/20. If ES opens long ZN tends to move in the opposite direction. So Trader Vic's gap rule follows all instruments it appears?

I have heard about this concept in various forms. One way too is to see where the price is 45 or so minutes after the open. If price is higher than the open at that points, chances are price will close higher at market close.

yes I usualy give it the 1st hour before making decision on that. then if we brake the high or low that was formed by that gap it will most likely continue in that direction.

Like today once we got above 1053.25 then TVGR was in effect.

I also found that if you get a double top / bottom before lunch then it may reverse and close gap.

That is just one more tool in the box.

Email me and I will send you the FREE Guide to trading TTT which also include a section on TVGR with examples.

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