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  • #257,501
  • Jun 14, 2010 8:40am Jun 14, 2010 8:40am
Quoting Xaron
Hmm... I still scratch my head about this gap stuff in the forex market as there are no gaps...
There is gaps from Friday's to Sunday's in forex, there is just no gaps during the week, because of the 24H trading...
Getting it right is NOT as important as not getting it wrong.
  • #257,502
  • Jun 14, 2010 8:41am Jun 14, 2010 8:41am
Quoting Xaron
Hmm... I still scratch my head about this gap stuff in the forex market as there are no gaps...
Friday closed at 1.2093 on my charts and opened Sunday at 1.2129. What would you call that??
  • #257,503
  • Jun 14, 2010 8:42am Jun 14, 2010 8:42am
Quoting Mombone
Friday closed at 1.2093 on my charts and opened Sunday at 1.2129. What would you call that??
Friday closed at 1.2110 on my charts and opened Sunday at 1.2110. So if you have a gap it's because your broker opens too late.
  • #257,504
  • Jun 14, 2010 8:42am Jun 14, 2010 8:42am
Quoting Mombone
Friday closed at 1.2093 on my charts and opened Sunday at 1.2129. What would you call that??
A period of trading that doesn't show on a chart. The gap/no gap debate has been done to death.
  • #257,505
  • Jun 14, 2010 8:42am Jun 14, 2010 8:42am
Quoting Xaron
Hmm... I still scratch my head about this gap stuff in the forex market as there are no gaps...
Gaps are real and tradeable
  • #257,506
  • Jun 14, 2010 8:42am Jun 14, 2010 8:42am
Quoting Now
You are starting to anoy us here

Anyway, to early to say that it is going south (nach Süden) again.
Bleibt mal schön locker da hinten. We are short since 22669.
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #257,507
  • Jun 14, 2010 8:43am Jun 14, 2010 8:43am
Quoting Mr J
A period of trading that doesn't show on a chart. The gap/no gap debate has been done to death.
Correct. But the fact that the period isn't shown in the chart doesn't mean that there was no trading. Most MT4 shops just open too late and/or close to early. So there are no gaps in the forex markets but there can be gaps in other markets (like stocks).
  • #257,508
  • Jun 14, 2010 8:45am Jun 14, 2010 8:45am
Quoting T@rantula
Gaps are real and tradeable
They are tradeable but not real (in the forex market). The tradeable part is just an illusion as currencies tend to swing up and down and therefor "fill" any "gap" somehow in the future.
  • #257,509
  • Jun 14, 2010 8:45am Jun 14, 2010 8:45am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 27 KB


According to Murray math we r stuck between 2146-2268. Levels are pictured nicely. Those who know Murray math can understand the chart, for others, Im willing to explain it
  • #257,510
  • Jun 14, 2010 8:48am Jun 14, 2010 8:48am
Quoting T@rantula
Attachment

According to Murray math we r stuck between 2146-2268. Levels are pictured nicely. Those who know Murray math can understand the chart, for others, Im willing to explain it
PLease Explain....
  • #257,511
  • Edited 9:01am Jun 14, 2010 8:48am | Edited 9:01am
Quoting Xaron
They are tradeable but not real (in the forex market). The tradeable part is just an illusion as currencies tend to swing up and down and therefor "fill" any "gap" somehow in the future.
Xar,

It's been used in other markets for many years. If u think that there is no gap because forex works 24/7 then u r right. Traders trade gaps during Sunday nights so we call that time gap trading or gapping
  • #257,512
  • Jun 14, 2010 8:49am Jun 14, 2010 8:49am
Quoting Xaron
Friday closed at 1.2110 on my charts and opened Sunday at 1.2110. So if you have a gap it's because your broker opens too late.
I agree, no obvious gap this week.
Getting it right is NOT as important as not getting it wrong.
  • #257,513
  • Jun 14, 2010 8:50am Jun 14, 2010 8:50am
Quoting T@rantula
Attachment

According to Murray math we r stuck between 2146-2268. Levels are pictured nicely. Those who know Murray math can understand the chart, for others, Im willing to explain it
Please..., could you explain it to us..? thanks!
  • #257,514
  • Jun 14, 2010 8:50am Jun 14, 2010 8:50am
Quoting T@rantula
Gaps are real and tradeable
Yes - you are right - they are tradeable - but today this "so-called" gap was not big - only a few pips - market closed around 1.2106 and re-open was at 1.2115 in NZ-Land lowest was 1.2112 oder so...

So what - not a big thing
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #257,515
  • Jun 14, 2010 8:53am Jun 14, 2010 8:53am
Quoting Ashish_Ampl
PLease Explain....
I have sent u PM
  • #257,516
  • Jun 14, 2010 8:53am Jun 14, 2010 8:53am
Quoting mercy seat
Yes - you are right - they are tradeable - but today this "so-called" gap was not big - only a few pips - market closed around 1.2106 and re-open was at 1.2115 in NZ-Land lowest was 1.2112 oder so...

So what - not a big thing
yeah, not a big deal but still we can see thru it
  • #257,517
  • Jun 14, 2010 8:56am Jun 14, 2010 8:56am
Quoting T@rantula
Attachment

According to Murray math we r stuck between 2146-2268. Levels are pictured nicely. Those who know Murray math can understand the chart, for others, Im willing to explain it
Could you attach the indicators you are using.

Thanks
  • #257,518
  • Jun 14, 2010 8:57am Jun 14, 2010 8:57am
Quoting T@rantula
I have sent u PM
Thank you so much T@rantula .
  • #257,519
  • Jun 14, 2010 8:59am Jun 14, 2010 8:59am
Quoting EasyTrader
Could you attach the indicators you are using.

Thanks
Mine are compiled and modified but these are pretty accurate so u can use it well.

http://codebase.mql4.com/4868
  • #257,520
  • Jun 14, 2010 8:59am Jun 14, 2010 8:59am
Quoting A-lonetrader
Thank you so much T@rantula .
No problem
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