Newsletter Subject

Trading one incredible gap at the opening bell

From

rogerscott.com

Email Address

roger@go.wealthpress.com

Sent On

Fri, May 6, 2022 01:00 AM

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To view this email as a web page, go to break down one of his trades for us and show us what?s rea

To view this email as a web page, go [here.]( [Roger Scott Newsletter] Dear Reader, 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… 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 after 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 into the market return IWM to its “natural” state. [Learn more about how this works by watching Jeffry explain it here]( 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, IWM 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, capitlaize on the momentum flood on IWM 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]( We appreciate Jeffry for leting 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. But after seeing the track record for ourselves, we can see why he’s so sure. [Roger Scott] [Roger Scott] A WealthPress Publication ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [wealthpress.com/terms]( for our full Terms and Conditions. [Manage Your Email Preferences]( [Unsubscribe]( This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US [Roger Scott]( [Update Profile](

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