Closing the gaps [live real trading]

trading strategies and money management discussion, code, results

Moderator: moderators

User avatar
noone22
rank: 150+ posts
rank: 150+ posts
Posts: 390
Joined: Tue Aug 05, 2008 4:50 am
Reputation: 0
Gender: None specified

Postby noone22 » Tue Apr 13, 2010 12:36 am

But are there any differences (in how to trade)
in regards to "technical" or "fundamental" gap?

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Mon May 17, 2010 3:49 am

noone22 wrote:But are there any differences (in how to trade)
in regards to "technical" or "fundamental" gap?


I'm brainstorming here. But I believe if you see no important news during the week-end and you have a big gap, it has much better chances to close. On the contrary when the first Greece bailout was accepted, the price continued in the direction of the Gap (like I wrote in previous post).

This guy is writing few pages on gaps : http://www.winnersedgetrading.com/forex ... an-part-3/

User avatar
TygerKrane
rank: 1000+ posts
rank: 1000+ posts
Posts: 1404
Joined: Mon Jan 25, 2010 3:36 pm
Reputation: 2
Location: Long Island, NY
Gender: Male

Precisely filled gap

Postby TygerKrane » Tue Jun 15, 2010 11:04 am

Are you f#$%ing kidding me.

The EJ gap was only 45 pips (actually I wouldn't say only to 45pips), anyways, what a precise freaking gap fill!!

Image


:idea: MightyOne :idea: wrote: I always consider the previous close to be the next candles open so that there are no gaps.

Gaps are not part of my analysis

Held profit is.



And I am going to stick this note on the side of my screen as a simple reminder to help me out when I get lost and can't SEE which is the best direction to be zline trading:
[url=http://kreslik.com/forums/viewtopic.php?p=42167#42167] :idea: JESGPY :idea: [/URL] wrote:who's profit were you aiming to take?

JUAN


Nice one, JUAN, thanks for the reminder!!! :smt023

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Sun Jun 20, 2010 10:47 pm

buy low sell high...

Image

I think the important part to get much less drawdown is to enter the trade at a higher price than the actual gap.

Image

I think I readed the P.A. fine.

User avatar
tmanbone
rank: 500+ posts
rank: 500+ posts
Posts: 723
Joined: Sun Nov 15, 2009 3:52 am
Reputation: 0
Gender: Male

Postby tmanbone » Mon Jun 21, 2010 12:06 am

You did good.
"The simplicity of the markets is it's greatest disguise"

T

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Mon Jun 21, 2010 3:47 am

I have yet to understand why E/U closed the gap fully , but A/U bounced at almost exactly half of it (ZL).

User avatar
TheRumpledOne
rank: 10000+ posts
rank: 10000+ posts
Posts: 11440
Joined: Sun May 14, 2006 9:31 pm
Reputation: 45
Location: Oregon
Real name: Avery T. Horton, Jr.
Gender: None specified
Contact:

Postby TheRumpledOne » Mon Jun 21, 2010 10:55 pm

There is nothing to understand.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

User avatar
JESGPY
rank: 150+ posts
rank: 150+ posts
Posts: 288
Joined: Fri Dec 19, 2008 7:21 pm
Reputation: 0
Location: Asuncion
Gender: Male
Contact:

Re: Precisely filled gap

Postby JESGPY » Tue Jun 22, 2010 1:22 pm

TygerKrane wrote:Are you f#$%ing kidding me.

The EJ gap was only 45 pips (actually I wouldn't say only to 45pips), anyways, what a precise freaking gap fill!!

Image


:idea: MightyOne :idea: wrote: I always consider the previous close to be the next candles open so that there are no gaps.

Gaps are not part of my analysis

Held profit is.



And I am going to stick this note on the side of my screen as a simple reminder to help me out when I get lost and can't SEE which is the best direction to be zline trading:
[url=http://kreslik.com/forums/viewtopic.php?p=42167#42167] :idea: JESGPY :idea: [/URL] wrote:who's profit were you aiming to take?

JUAN


Nice one, JUAN, thanks for the reminder!!! :smt023


no problem man .any time

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Tue Jun 22, 2010 7:09 pm

TheRumpledOne wrote:There is nothing to understand.


I saw the EU gap as technical, since no European news catched my attention, and the gap filled pretty easily.

New Japanese government stated that it will let the Yen rise, so that probably affected the AUD and in this context the pullback was less strong.

User avatar
newschool
rank: 150+ posts
rank: 150+ posts
Posts: 489
Joined: Fri Aug 21, 2009 2:26 am
Reputation: 0
Gender: Male

Postby newschool » Sun Jul 04, 2010 9:20 pm

Second week in a row with no gaps whatsoever.
I guess this reiterate the fact that gaps are great trading opportunities when they happen (big price imbalance = big profit factor)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “strategy trading & money management”