Closing the gaps [live real trading]
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- prochargedmopar
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I grabbed a few pips but nothing close to what will be available.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- TheRumpledOne
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- prochargedmopar
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Edit:
, should show 84.5 lives....1.5% account increase.....LOL
, should show 84.5 lives....1.5% account increase.....LOL
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- TygerKrane
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noone22 wrote:Not clear, why gap itself is formed.
From 10 to 100 pips gap - is usual story,
does this mean, that there are no buyers/sellers
withing this range?
It's because most broker/market makers close their trading platforms...
At oanda you can trade 24/7 so there are no gaps:
EDIT:
Oanda charts hide gaps at the open assigning the close of last candle to the open of the new candle.
But still there are gaps caused by broker/market makers closing their trading platforms...
Cheers
Francisco
Last edited by frang0nve on Tue Aug 30, 2011 5:01 am, edited 1 time in total.
I can start trading at 9 GMT instead of 10, but spread on EU is like 6 pips.
Seriously though, the gaps are being difficult this week ! It just consolidated and right now (6 GMT) made a move in the opposite direction.
It must be something fundamental, perhaps the deal with Greece, wich is actually almost done, so Euro is profiting...
Seriously though, the gaps are being difficult this week ! It just consolidated and right now (6 GMT) made a move in the opposite direction.
It must be something fundamental, perhaps the deal with Greece, wich is actually almost done, so Euro is profiting...
- TygerKrane
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TygerKrane wrote:GBPUSD?? Ha!! EURJPY gapped up 125pips, so I'm playing casino wit that...
Looks like the yolk (joke) is on me. GBPUSD gapped up like 85pips by my count, and closed the gap 100% by 8:45EST/ 12:45GMT
EURJPY, on the other hand hasn't even closed the 38.2% mark on Fibs by 8:45EST, or even now 10:15EST/14:15GMT??
So is GBPUSD now poised for a upside cross of week open, (maybe having reached a daily low by this point??
I can't believe EURJPY has managed to keep such a tight range for the last 15 hours considering the huge gap.
But still...
Took a few pips
**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!
GU went down because the gap wasn't a true fundamental move (nothing new on the USD economy) but on the Euro pairs, it was something real, as the Greece deal went good =
http://www.thestar.com/business/article ... -up-greece
http://www.sfgate.com/cgi-bin/article.c ... 9L35-1.DTL = 61 billion $ rescue package
Thats the thing, the gaps are speculation on fundamentals, I dont think its a technical move like stophunting or ZL. So one should check the news when the gap is wide...
PS : Thanks for posting TRO, the % of filled gaps is just beautiful
http://www.thestar.com/business/article ... -up-greece
http://www.sfgate.com/cgi-bin/article.c ... 9L35-1.DTL = 61 billion $ rescue package
Thats the thing, the gaps are speculation on fundamentals, I dont think its a technical move like stophunting or ZL. So one should check the news when the gap is wide...
PS : Thanks for posting TRO, the % of filled gaps is just beautiful
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