Win With S&P 500 Futures Concludes Excellent Week For mnGapAutotrader

The good opening gap trade by our automated trading system today has concluded a good week for mnGpAutotrader.

The downtrend that the S&P500 futures (ES) and other index futures has experienced this week has resulted in a number of profitable trades with only a few stop outs denting the profits.

Careful consideration to risk reward ratios mean that stop outs are generally small, whereas wins are much bigger which gives good system performance over time.

The small opening gaps experienced by YM, ES and NQ resulted in unfavourable risk reward ratios so the automated gap trading system did not trade on some of the days this week, such as with YM and NQ today.

The live automated trading results for June are shown on this page.

The image below shows the automated opening gap trade with ES today which resulted in a $163 profit after commission and slippage.

Click to enlarge