US Opening Plan: preparing for the US session
Level:
Short version for experts: tables, lists and screenshots only.
Words in this lesson (4)
Gap — A jump in price: today trading opened noticeably higher or lower than it closed yesterday. Closed at 100 yesterday, opened at 108 today — an 8% gap up.
Level — A price where the market has already turned before. Support is below the price, resistance is above it.
Setup — A ready trading rule: under what condition to enter, in which direction, where the stop and the target are.
Screener — A filtering program: it scans hundreds of stocks or coins and shows only those that match the given criteria.
What the screener does
"Opening Plan" gathers stocks with a noticeable gap from yesterday's close and prepares a plan for each: levels, the expected move and — if a setup fits — a ready order.