Gap trade on the ES with the Remek! System
Hi Traders,
in these two videos, we'll start with a potential long on the GC. As always, we had a hypothesis (consisting of a setup and a trigger). In this case, the trigger (the price inflection in our "area of business") never happened, so we disabled the system.
Then we turned our attention to a setup on the ES: a gapfill trade with a target three points away. We entered manually (since it wasn't likely that we'd get another price inflection on a 4:1 Renko so close to yesterday's close). The gap was filled as expected, and we were able to remove some profits from the table.
Happy Friday and mindful trading!
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