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Trading one incredible gap at the opening bell

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atptraders.com

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support@atptraders.com

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Sat, May 7, 2022 12:03 PM

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We asked Jeffry Turnmire, the brilliant engineer behind to break down one of his trades for us and s

(see the whole system revealed) [image] [image](=) [image]() We asked Jeffry Turnmire, the brilliant engineer behind [“60 Minute Surges,”]( to break down one of his trades for us and show us what’s really going on… and he gladly obliged! A “60 Minute Surge” is an opening bell gap fill trade. In plainspeak, that means that when a gap forms overnight on a particular ticker symbol, Jeffry readies himself at the opening bell to trade the momentum as that gap closes. For over 20 years of data, this gap has reliably closed 65-70% of the time. And with [the enhancements Jeffry has made to his methods](, he has claimed an incredible 81% track record over the last four months! Of course, there’s no guaranteeing that those gains continue… But let’s take a look at a chart and talk about why this trade works… [image]( [image](=) [image]() Technically speaking, these overnight gaps form on what’s called “irrational exuberance.” But the simpler way to say it is that when there are fewer traders trading the market, as there are after the close, emotions play a bigger role. A gap forms because people overreact, but when the markets open, sanity takes back over. The volume of traders flooding in returns the market to its “natural” state. [Learn more about how this works by watching Jeffry explain it here](=) [image](=) [image]( Think of this momentum like a rubber band: you can stretch a rubber band as far as you like, but as soon as you let go, it’s going to relax back to its natural, unstretched state. The opening bell is like a “release valve” for the rubber band. Because as traders flood in, the tension caused by the overnight traders dissipates, and equilibrium returns. As you can see on the chart, that leads to some very fast-moving trades. In this case, Jeffry saw an entry as soon as the momentum started to fill the gap. Just 10 minutes later, a bearish candle signaled that he should exit. You can see, this ticker continued to climb higher, but Jeffry was perfectly happy to claim 30.14% in 10 minutes! Believe it or not, that is a fairly modest trade for the incredible system he calls “60 Minute Surges.” Because Jeffry’s strategy is perfectly calibrated to capture that “rubber band” momentum, capitalize on the momentum flood on one ticker in the early market, and take advantage of this rare market anomaly. [To see the track record and learn the full strategy, watch Jeffry and his friend Markay explain it here](=) [image](=) [image]() We appreciate Jeffry for letting us share this deep dive into his trading system. It shows how confident he is in this strategy to share all the details in an email with complete strangers. And after seeing the track record for ourselves, we can see why he’s so sure. To your success, Ask the Pros RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. [Unsubscribe]( DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555

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