Axiom Test: "The Gap ALWAYS Closes

[bredin]

Axiom FAIL:



G.

[forexbob]

nice bredin,

i also looked at the gaps in previous months on EU, and indeed (i would not say always. but mostly) they do close.

[bredin]

yeah, I ran some numbers a while ago, gaps close about 80% of the time and this weeks pairs bear this out at 17/22 on the list of pairs that gap more than 20 pips...

I hadnt looked at that infopanel since I grabbed a bunch of pips on EJ monday morning....

G.

[IN-XS]

Gaps are interesting. Sam Seiden spoke about gaps as the ultimate in S&D imbalance.

[TygerKrane]

For anyone who is curious:
Perhaps it's this video?? (I haven't watched yet )

Professional Gaps vs Novice Gaps in the Forex Markets (39:05)
Mon, Feb 16 2009

~Krane


PS
And just to repost, newschool put up this link to a series of articles which is a good read on gaps.

http://www.winnersedgetrading.com/forex-gap-trading-plan-part-3/

[jarnapal]

Lets fill the gap



Pretty early to decide but I'll hope the best !

[Tresor]

Lets fill the gap

Hahaha, good one

[newschool]

For anyone who is curious:
Perhaps it's this video?? (I haven't watched yet )

Professional Gaps vs Novice Gaps in the Forex Markets (39:05)
Mon, Feb 16 2009

~Krane

Very interesting way of viewing gaps, never thought about it.

[pablo101]

Lets fill the gap



Pretty early to decide but I'll hope the best !

Good call!