DislikedI'm interested in Gap Trades but am not familiar with the necessary methods for trading the gaps.
Do you basically look at the price difference in Friday's New York Close and Tokyo's Monday Open? And then decide if it's a breakaway gap or if it's going to come back retrace back into Friday's close price?
Is that the correct understanding? Are they high percentage traoes? What are acceptable stops? Anyone that can direct me to an article or help me better understand would be greatly appreciated.Ignored
it's sydney open,not tokyo one.
ph.
Hero calls followed by margin calls...