Closing the gaps [live real trading]

trading strategies and money management discussion, code, results

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noushina
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Postby noushina » Sun Oct 24, 2010 9:18 pm

au south looking good here a few minutes after sunday open (EST) 40 point gap

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tmanbone
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Postby tmanbone » Sun Oct 24, 2010 9:24 pm

Image
"The simplicity of the markets is it's greatest disguise"

T

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newschool
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Postby newschool » Sun Oct 24, 2010 9:40 pm

Live account at 6 lots, won't need to trade this week 8)
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noushina
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Postby noushina » Sun Oct 24, 2010 9:45 pm

Wish I had the huspah to go full leverage. Instead I'll just end up about 2% on my account. Havent played the gap enough to be that confident -- yet :-D

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newschool
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Postby newschool » Sun Oct 24, 2010 10:04 pm

Price taking a small break near 50%, the usual small rebound, then probably another big red candle.

EDIT: Exactly what happened (in M5). But then price failed to continue down so I closed half positions. I hope my runners up will still be in profit for the AUD news.

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adaseb
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Postby adaseb » Sun Oct 24, 2010 10:18 pm

There are no gaps on AUDUSD.

When will you guys understand that there are pre-market hours which many MT4 and retail brokers don't publish.

If you guys used a broker that showed you what price AUDUSD was at 14:00 EST, you would see that there is no gaps.

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newschool
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Postby newschool » Sun Oct 24, 2010 10:33 pm

adaseb, im here to make money, if it works, why not?

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trueblueTEX
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Postby trueblueTEX » Sun Oct 24, 2010 10:43 pm

TheRumpledOne wrote:Image

Gaps today.

Is this Gap indi available? I don't see it in the 2010 Donationals nor do I see it in the Motherlodes that I have downloaded.

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adaseb
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Postby adaseb » Sun Oct 24, 2010 10:45 pm

newschool wrote:adaseb, im here to make money, if it works, why not?


Im just trying to help you out.

If you don't believe me find an MT4 indicator to plots out gaps and you will find that there were tons of gaps that were never filled.

eg, one was for AU on 13th of sept. It never filled and hasn't filled till this day.

If this gap fills, its out of pure coincidence. Most likely what caused the gap was to set off stops.

The only gap that I saw today was a small one on USDJPY.

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noushina
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Postby noushina » Sun Oct 24, 2010 10:58 pm

well real or not, I made 25 pips at double my usual pip value.

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