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The Gap Study

Chapter 8

Checking before the close: the two o'clock list

How an entry can be seen before the day closes, how often it is confirmed at the close, and why asking for an extra margin is not needed.

A gap's entry is confirmed at the close: the gap enters on the day price closes above its entry level. But the close is the last minute of the session, and by then there is no time left to prepare. That is why we measured whether an entry can be seen earlier.

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