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Posts tagged with: Gaps

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0 Book questions

Posted on August 10, 2008 by Rick Swope

Q:  AJ/Rick,
I’m half way through your lastest book, Five Points. 2 Questions.
The Piercing Point trade says the second day should gap down below the previous days’ LOW. Then, it’s better to be below the Close & Low. Can the first be possible without the second? Did you mean previous days’ CLOSE?            
Do these trading techniques apply to [...]

0 BRL Gaps

Posted on August 8, 2008 by Rick Swope

Q: Thanks for book, the seminars, and the podcasts — they’re really helping. It’s Aug. 7 2008, and I’m looking at BRL. It’s hit a new 52-week high and it looks as if it’s near or slightly above resistance from three years ago. But on the daily chart you can see huge gaps up that [...]