This morning SCSS was gapping up with lots of extra volume. I let it trade up for the first hour of trading. I flipped it over to the 30 minute chart looking for a solid entry. Once the second the 30 min. bar formed inside the previous bar I was locked and loaded for entry over that second bar. I got long at 31.56 and I just sold at 32.71. It was truly another great trade. Wait for the best and you will be rewarded.
First reason a very directional gap up out of a downtrend off the daily and 30 minute candle formation. I trade the odds off the 15 and 30 minute charts for a very high batting avg. Keep it simple trade less and make more.
Trading is like being a quarterback you read the defense and adjust accordingly. Gap Edge Trading
