Opening Gap is now closed.
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DislikedSorry about that. Basically When the market opens on Sundays, there is typically a gap, and typically the market likes to close that gap (not always) it is something I just keep an eye. Mainly thinking out loud.
LohadIgnored
Dislikedbut what that gap do? gap is fills means changing the trend? i am newbie in gap trading.
& news is comingIgnored
Dislikedbut what that gap do? gap is fills means changing the trend? i am newbie in gap trading.
& news is comingIgnored
DislikedNo it doesn't mean that the trend is changing. The trend could have aready changed by this time. I just pay attention to it, because if there is a large gap, the market will somtimes want to close the gap (price correction?).
Not sure really. I am not really a gap trader. I just keep an eye on it. Maybe some people here are gap traders and they can explain better.
ThanksIgnored
DislikedPiplover,
Check out this link.
http://www.investopedia.com/articles...layinggaps.asp
It should give you a better idea of the what and why traders consider the GAP when analysing their charts.
Hope this helps.
CliffIgnored
DislikedNot a problem. learning new things from you everyday. will you trade that last move? i think institutional money is in the market. do you know any kind of software which will tell institutional is coming in the market.
& i find another new tweak. there is no need to put sma in the chart if you look whole down move & also see BBmacd its rarely cross zero line means when BBmacd is under the zero only take short trade & up from zero line only take long trade what do you think about that?Ignored
DislikedHey piplover!
Good call man! From initial review of your detail on the BBMacd, it looks like you are correct. Try looking at this guys! It could help show the way. I will keep an eye on this.
Thanks again PL!
LohadIgnored
Dislikedhello lohad, hello guys,
i just wanted to download the zip file of the 1. post.
when i downloaded it, it says that the archive is broken.
can somebody reupp the zipfile please ?
thx,
texIgnored
Dislikedhello lohad, hello guys,
i just wanted to download the zip file of the 1. post.
when i downloaded it, it says that the archive is broken.
can somebody reupp the zipfile please ?
thx,
texIgnored
DislikedHi lohad,
I'm new to FF. However I been trading live lately with many crap indicators.. and it almost wipe out my account . Now I have to trade demo again (polish or to get a better trading system). came across with this wonderful system and gave it a shot. Now it's +18pips. I'm still not good at this system but i'm learning.
Do you enter at (1) or (2)?Ignored