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NKE Gap Up - Setup

June 30, 2017

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NBIX Gap Up 30 Minute Entry / Gap Edge Trading

April 12, 2017

I almost always trade off the 15 or 30 minute charts.  I seem to find at least one to two trades a day and have about 72% batting average.  So I am pretty confident in my setups and my instinct I have after Day Trading for over 17 years.  This morning NBIX gapped up nicely over $10.00.  I placed it on the 30 minute chart because I really didn't like the 15 min.  On the fourth 30 min bar it was inside and green.  This was my entry.  Solid entry at 50.77 and I was going for $52.00 target.  After the trade triggered I noticed this stock was a little spready.  I was like here we go whippy wildness.  After a bit of back and forth it proceeded up to $52.00 target where I exited.  My trading motto is "Trade Less and Make More".   Gap Edge Trading

 

 

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