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Reallifetrading
Apr 10, 2015 1:29 PM

CTXS Day Trade Perfect Gap N Go (Brad Reed Apr10,2015) Short

Description

CTXS is a perfect Gap N Go if it gaps down; look for an open below 61.08. To learn to trade this strategy for free, go to RealLifeTrading.com
Comments
VelvetHammersTrading
59.07 was solid support to the r/r on that trade would've been speculative. moot point though since no gap n go... it obviously got bought.
lmsmith
It did open below, however the area it opened was actually a previous support March 6 and 9th lows.....bounce off support and flew higher pretty much filling the gap.
Reallifetrading
Yep. Went it broke the premarket high - it was gone. Oh well. 1r loss. :)
bklinec

Thank you for clearing that up.
Reallifetrading
Anytime!
bklinec
I sent an email to you through your website, but have not heard back. Could you check please. Sorry to be using tradingview to post this but at it it works
bklinec
Not quite clear. Would you have shorted this stock today? Did manage to hit 60.85 but then pretty much up from there.
Reallifetrading
Correct. Was looking to short since so many traders were trapped. But not all trades work. ;) So if this trade was taken, 1 R loss - then you make it up on NFLX retest gap. :) Loss small , win big.
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