EURUSD

This is what I call a gap.

There are a few minis and micros on the chains however it would be nice to be able to spot trade using MT4. I see forex.com has them.

Thanks for the response OQ.

eheh this fast downmove to 3230 was very interesting, even if price went back to 3380 area i think a down-market-open is getting very probable, big gap!! let's see...

Nahhhh....i got 1.33625.

and now .3396, lol, clearing paths for something ...

Yep, Trichet got a move early this week on opening his big mouth ...

-edit, made it upto .3405x

here i was thinking oanda doesn't display gaps. i was dead wrong. lol

lol well said

destroying the supply level as soon as possible.
edit: look at the daily chart, 1.3300 has more or less been confirmed as support.

Watch it with the "G" word ... Cloggie may be lurking ...

Get ready for WTF to happen in this week.

This is CHF chart.

hi chicky, just out of curiosity... are you going to switch to mt4 when it is released?

lol. whatever he believes about "G" is entirely his own belief. i go with what i believe and see. after all, it's my account, not his. i may be dead wrong, but it's my trading. lol

me as well

Not sure, ............maybe not.

They don't. This one was created by eliminating weekend data.

i see. thanks for the info.

It must be pointed out that WE (The World) has NEVER been here before ever.

I will explain in a minute. I have closely followed Gold almost all of my adult life along with Silver. I go back to the days in 1980 when Gold was at $850 US and Silver was at $50.

The ratio then was 17 to 1.

During 1999 we entered a new era. Here are the previous time frames.

(1) December 23, 1913 The creation of a Federal Reserve for the 3RD time in US history. The previous two ended in disater.

(2) The Period of 1929 when we had the first Stock Market Crash and subsequent depression.

(3) Breton Woods which effectively created the US Dollar as the reserve currency of the world. This happened after 1943 into 1944 after World War Two.

(4) The Glass Steagal Act (VERY IMPORTANT) In effect after the great crash of 1929.

(5) August 15, 1971 (Richard Milhous Nixon told France and the World to get lost and to keep those US Dollars since they no longer could be redemeed in Gold. The first time since December 23, 1913 that the US Dollar had no effective check and balance. As of today the US Dollar has lost 90% of it's purchasing power.

(6) Now to the HISTORIC YEAR 1999, 11 years ago.

Important Events under Bill Clinton (Not Counting Monica Lewinsky)

Larry Summers is instumental in repealing the Glass Steagel Act. The Euro is created. Gold starts the journey up from $250 US while Silver sits at $5.00 US or under.

Goldman SACKS gets ready for the disaster of 2008.

The cast of characters;

(1) Greenspan
(2) Summers
(3) Bernake

We know what they did now by keeping rates too low and allowing the INVESTMENT Bankers to destroy the economy by taking incredible risks which under Glass Steagal they were NOT ALLOWED to do.

As of today there are NO investment banks left in the USA except for Goldman SACKS which effectively with Bernake and the other central banks are getting to the end game.

This is NOT a theory of conspiracy it is the God Awful Truth.

With Quantitive Easing as Bill Gross who is part of the system has said recently the Ponzi scheme continues to an absurd level.

In Conclusion for my part ALL BETS are off as relates to all Asset Classes except for the hard Assets such as Gold, Silver and others. Jim Puplova of Financial Sense has been documented this whole period between 1999 and now.

We could wake up one morning and see the Price of Gold at $2500 US an ounze. The World is now interconnected and whether it be Euro or US Dollar or Yuan we are at the END GAME and not one human on this Earth knows the final destination.

We may see Dow 6000 and Gold $6000 US this year. We are now in uncharted waters.

For the simple point of view. The USA through the FED and the Treasury runs Deficits over One Trillion a year and allows the US Banks to not follow FASB accounting rules where they are allowed to mark their paper to whatever they determine is the value when in reality they are worth at most $ .50 cents on the US Dollar if that. There can only be one end as has happened throughout history. Gold and Silver will be the safe store of value and the BASE for a new monetary system. Imagine 11 years ago a Ron Paul having the POWER to convince Americans to perhaps Audit the FED, a legal entity however an unconstitutional one.

Those are my thoughts based on my personal life experience and learning. I share them in order to possibly open some eyes here.

Sorry for the length of the reply but I was tried to be clear and lead up to my conclusions based on my knowledge.

Lol, can we just agree that by usage of the word "gap" we are referring to the change in price from 10pm GMT Friday night to that of 10pm GMT Sunday night. The discrepancy of course being accounted for by interbank trading over the weekend...

Since the majority of us use retail broker feeds, who close down over the weekend we can see a physical gap on our charts...

Does that placate everyone? Or perhaps we could think up a word other than "gap"

I think everyone has agreed ... except for 'Cloggie' ... !