Welcome to GAP Hounds. This board is all about a specific technical analysis theory, the retracing of GAP formations. Posts of spotted gaps should include a chart link if possible. if not, give price and time data of the Gap in question.
This board is for discussing GAP theory and helping our fellow traders with spotting GAPs in the wild.
We trade based on the theory that nature abhors a vacuum and that 90% of all Gaps will be retraced at some point. We use these formations to make predictions about future chart moves.
Posts just spamming tickers will be deleted. (we already have plenty of P&D boards)
( I will try and fill the Ibox with info on this theory as I get time) http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:gap_trading_strategies
The best GAPS are found at the opening bell. Sudden jumps at opening show increased volatility which often retraces quickly. GAPS are found on candlestick or Bar charts charts, you won't see them on a line chart.
Gaps appearing on small scales (15 minutes or less) and intra-day (not at 9:30 am) are typically signs of low interest and activity, not an increase.