Building upon our extensive experience of fading the opening gap using our automated trading system, we have launched today a system to perform detailed analysis on opening gaps.

We have been concentrating on trading index futures with mnGapAutotrader, publishing live trading results every day. We thought we’d try the system with Crude Oil futures today.

Although we advocate not second guessing the market when trading the opening gap, as even large gaps can be unexpectedly closed, today did not look promising for two major reasons.