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EURUSD

  • #225,821
  • Apr 14, 2010 10:00pm Apr 14, 2010 10:00pm
Quoting wormboy
there are no gaps
I've heard several people say this. I know the market never really closes and therefore really no gap. But when I say gap I'm refering to the difference in price from a standard brokers Friday close to Mondays open. Whatever you want to call that space between Friday's close and Monday's open, it usually closes (or meets fridays close for the anti-gappers). Perhaps this week is one of those rare occurences where the gap doesn't close due to its size.

So, what do you mean by no gap?
  • #225,822
  • Apr 14, 2010 10:01pm Apr 14, 2010 10:01pm
Quoting wormboy
there are no gaps


Exactly !


There was no.

Ich kanns langsam nicht mehr hören. Gut, dass es auch noch ein paar ausgeschlafene Jungs gibt. You are right. But the reason is - that most of the members in forum are with services - that were not opened its desks - when rates were on its rising move to the upside. That was - when Newzealand has opened its doors. But many so-called brokers plug in their screen servers much later. That is the problem then.

Trotzdem - gut dass es von diversen Leuten bereits bemerkt wurde.

Eins drauf mit Mappe. Should mean - well well - ok ok.
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #225,823
  • Apr 14, 2010 10:01pm Apr 14, 2010 10:01pm
if this wedge actually has any meaning, crossing the daily pivot is pretty hot.
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  • #225,824
  • Apr 14, 2010 10:02pm Apr 14, 2010 10:02pm
Quoting 2+2=4ex
I'm not saying if it doesn't go one way it will go another, that's obvious. My point is it will make a move of 150+ pips within that hour.
It might...but it might not too. This pair is so unpredictable at the moment. I've been buying the dips on on the jpy/usd pair for a few days now, and while it's laborious sometimes, it's pretty reliable, and therefore profitable.

Once the eur/usd get's it's shit together I'll look to trade it again......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #225,825
  • Apr 14, 2010 10:02pm Apr 14, 2010 10:02pm
Quoting 2+2=4ex
I've heard several people say this. I know the market never really closes and therefore really no gap. But when I say gap I'm refering to the difference in price from a standard brokers Friday close to Mondays open. Whatever you want to call that space between Friday's close and Monday's open, it usually closes (or meets fridays close for the anti-gappers). Perhaps this week is one of those rare occurences where the gap doesn't close due to its size.

So, what do you mean by no gap?
yep, i call em B-Gaps(Broker Gaps)

those with 24/7 brokers dont see it, those without will...
  • #225,826
  • Apr 14, 2010 10:04pm Apr 14, 2010 10:04pm
Quoting wormboy
there are no gaps
http://www.fxtimes.com/technical-upd...eurusd-041410/
BGap
  • #225,827
  • Apr 14, 2010 10:05pm Apr 14, 2010 10:05pm
Quoting akirax
yep, i call em B-Gaps(Broker Gaps)

those with 24/7 brokers dont see it, those without will...
Curious, do you use a broker that doesn't close? If so, who?- if you don't mind me asking.
  • #225,828
  • Apr 14, 2010 10:06pm Apr 14, 2010 10:06pm
Quoting Mr Hatch
so true...
On 5min price often likes to hang out a little
  • #225,829
  • Apr 14, 2010 10:08pm Apr 14, 2010 10:08pm
If the gbp/usd pair bounces off R1 I might take a small short there.....back to the DP.....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #225,830
  • Apr 14, 2010 10:08pm Apr 14, 2010 10:08pm
I for some reason see a cup and handle . Can anyone Correct me in this ..
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  • #225,831
  • Apr 14, 2010 10:10pm Apr 14, 2010 10:10pm
I generally don't believe in gaps...meaning I don't think they're anything special. Gaps aren't always filled. I've seen gaps act as support/resistance, and there's no reason to believe that this one will be filled. Just my opinion.
  • #225,832
  • Apr 14, 2010 10:11pm Apr 14, 2010 10:11pm
Quoting ma_cowburn
I for some reason see a cup and handle . Can anyone Correct me in this ..
Looks more like a tooth lol. It does seem to be making a handle formation. However there is no round bottom. I don't know if that matters any, but good observation on the handle.
  • #225,833
  • Apr 14, 2010 10:11pm Apr 14, 2010 10:11pm
Oanda does not have any gaps
  • #225,834
  • Apr 14, 2010 10:12pm Apr 14, 2010 10:12pm
Quoting akhtergroup
Are you confident in your statement enough to go long?
yes. when price close cleanly above 3655 level I will buy again.
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Thank You
  • #225,835
  • Apr 14, 2010 10:12pm Apr 14, 2010 10:12pm
Quoting ma_cowburn
I for some reason see a cup and handle . Can anyone Correct me in this ..

Check TheLastCoke's thread here. He spotted this too......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #225,836
  • Apr 14, 2010 10:14pm Apr 14, 2010 10:14pm
Quoting akirax
yep, i call em B-Gaps(Broker Gaps)

those with 24/7 brokers dont see it, those without will...

Genau !

Good financial services open a few hour earlier on sundays. In order to give you the best prices of the markets. The other ones do have the possibility to play with the customers positions then.

Real Banks with INTERBANK conections do not have such things.
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #225,837
  • Apr 14, 2010 10:19pm Apr 14, 2010 10:19pm
Quoting enterfx
GU made yet a new high, 5502. sl hit. Looks like north, unless everything turns in the last minute. eu trying to make new lows, so looks like pulling apart.


EU has to make a decision soon:


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GU struggles with tl
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  • #225,838
  • Apr 14, 2010 10:19pm Apr 14, 2010 10:19pm
Quoting realjumper
If the gbp/usd pair bounces off R1 I might take a small short there.....back to the DP.....
No bounce!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #225,839
  • Apr 14, 2010 10:21pm Apr 14, 2010 10:21pm
Please tell me we're not gonna go back to the Bad Ole Gap days...

There used to be a guy here that traded the gaps on his 1m chart, posting and insisting ad nauseum it was a valid market phenomenon and not a data gap with his borker...

He's gone now... but I guess his leaving created a Gap that someone must Fill... OMG! Proves that cockamamie theory after all I s'pose.


FUBAR...
  • #225,840
  • Apr 14, 2010 10:21pm Apr 14, 2010 10:21pm
Quoting akirax
http://www.fxtimes.com/technical-upd...eurusd-041410/
BGap
Don't let that "gap" let you take your eyes off the prize.

Charts:

1. http://www.forexfactory.com/showpost...stcount=216389
2. http://cdn.forexfactory.com/attachme...2&d=1271187724
Thank You
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