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Axiom Test: "The Gap ALWAYS Closes

Posted: Sat May 15, 2010 9:43 am
by bredin
Axiom FAIL:

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G.

Posted: Sat May 15, 2010 11:07 am
by 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.

Posted: Sat May 15, 2010 11:33 am
by 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.

Posted: Sat May 15, 2010 11:47 am
by IN-XS
Gaps are interesting. Sam Seiden spoke about gaps as the ultimate in S&D imbalance.

Posted: Tue Jun 15, 2010 10:35 am
by TygerKrane
For anyone who is curious:
Perhaps it's this video?? (I haven't watched yet :oops: )

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/

Posted: Thu Jun 24, 2010 11:51 am
by jarnapal
Lets fill the gap :twisted:

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

Posted: Thu Jun 24, 2010 3:38 pm
by Tresor
jarnapal wrote:Lets fill the gap :twisted:


Hahaha, good one :smt003

Posted: Thu Jun 24, 2010 8:53 pm
by newschool
TygerKrane wrote:For anyone who is curious:
Perhaps it's this video?? (I haven't watched yet :oops: )

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.

Posted: Fri Jun 25, 2010 10:22 am
by pablo101
jarnapal wrote:Lets fill the gap :twisted:

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


Good call! :twisted:

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