The Global Futures Bearish Opening Gap

• 60-minute chart of your stock or futures
• 8-period moving average high
• 8-period moving average low

• 5-period moving average close
• 3-period moving average close
• 5-minute chart of the same stock or futures

It is an absolute must, that this indicator is in force when you go short!

• 3-MA trades below 5-MA
• Both trade below 8-MA high
• Price trades below 3-period MA
• Daily trend should go down

1. Price closes below 3-period MA the previous day
2. Market opens the next day usually with a gap
3. Go short at the opening or at the first break of the 5-minute chart if you trade futures
4. Place a limit order together with your stop 3 points below your entry point if you trade futures or 1 percent of your stocks value
5. Try to be out at 10 AM if economic data are expected