Gap Trading Strategy

lovethepips

Tham gia từ Dec 05, 2016 14bài viết

Jul 15, 2019 at 12:29

Tham gia từ Dec 05, 2016 14bài viết

Does anyone trade weekend gaps? They fill over and over again, just wondering if any traders take advantage of this. If so, how?

See attached screenshots...

Đính kèm:

If I can do it, so can you!

forex_trader_525186

Tham gia từ May 29, 2018 10bài viết

Sep 08, 2019 at 22:40

Tham gia từ May 29, 2018 10bài viết

I do. 100% succesful. MM always. Even if goes up or down by 300 pips....do you have a system on that gaps?

kamikazebogeyman

Tham gia từ Sep 10, 2019 10bài viết

Sep 10, 2019 at 09:55

Tham gia từ Sep 10, 2019 10bài viết

This seems very interesting. How do you determine stop loss?

forex_trader_525186

Tham gia từ May 29, 2018 10bài viết

Sep 10, 2019 at 10:18

Tham gia từ May 29, 2018 10bài viết

as usual - the quantity of funds that I am ok to lose in that trade. 1%, 2% 10%....it depends on many factors. Trend. Sentiment. Market conditions. And also the size of the gap....very important factor....

togr

Tham gia từ Feb 22, 2011 4573bài viết

Sep 10, 2019 at 10:56

Tham gia từ Feb 22, 2011 4573bài viết

There is nothing like weekend gap.
Forex is being traded even during weekends.
It it just not allowed nor visible for you.
So you can see the same gap if you for example hide Wednesday and Tuesday on your platform.

brashentries

Tham gia từ Sep 11, 2019 10bài viết

Sep 11, 2019 at 11:13

Tham gia từ Sep 11, 2019 10bài viết

togr posted:
There is nothing like weekend gap.
Forex is being traded even during weekends.
It it just not allowed nor visible for you.
So you can see the same gap if you for example hide Wednesday and Tuesday on your platform.

Can you please explain? I have never seen Forex price at the weekend. If it does take place the trading volumes must be tiny and therefore it is as good as market being closed. I still think there is importance between the close on Friday and the open on Monday

togr

Tham gia từ Feb 22, 2011 4573bài viết

Sep 11, 2019 at 14:17

Tham gia từ Feb 22, 2011 4573bài viết

brashentries posted:
togr posted:
There is nothing like weekend gap.
Forex is being traded even during weekends.
It it just not allowed nor visible for you.
So you can see the same gap if you for example hide Wednesday and Tuesday on your platform.

Can you please explain? I have never seen Forex price at the weekend. If it does take place the trading volumes must be tiny and therefore it is as good as market being closed. I still think there is importance between the close on Friday and the open on Monday

So called gap is result of trading DURING WEEKEND. You are as retail trader not part of that.
So you see friday close and monday open as a gap, while there are big players trading during weekend.

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