Hi ,
Which broker do you use.
Gap works.
Cheers
Which broker do you use.
Gap works.
Cheers
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DislikedHonkin,
How are you mate? I have also been trading the gaps over the last couple of years with great success however of late my broker FXDD has been having a bit of a shocker with spreads etc.
May I ask which broker you trade with mate.
Kind regards
HookIgnored
DislikedIve been trading the sunday gap for over a year now and i ask myself the same question. Some brokers closing time on Friday differ by an hour and often there is quite alot of movement in the last hour so this affects the gap. Daylight saving and public holidays also affect gap performance. I dont trade gaps the week London or New York wind their clocks forward or back for Daylight saving. Any other ideas?Ignored
DislikedMy beginner's question to gap-traders. Would the following strategy work? :
Pending buy/sell-stop orders are placed during last minute(s) of broker's Friday night, just before weekend closure. Distance between orders would be around 10-15pips and there would be proper SL/TP targets. Pairs of choice would only be eurusd, gpbusd, audusd and usdchf.
Then during the first opening minute of monday sufficient move would spike through and activate one of pending orders, off cource providing that there is no slippage with pending order execution. If there...Ignored
DislikedHi Steve,
Talking of Hang seng, looks like depends on which broker your are with. I know one that gaps almost every day and one that is continuous. Do you trade it? I tried and failed miserably.Ignored
DislikedOk, but what if broker has fixed spreads (at all times) and very fast /almost instant execution?Ignored
DislikedHey Guys
Where can I find Gap Indicator that will show arrow in the direction of the gaps. The gap should be between previous M5 candle lowest price and its next M5 candle highest price when in downtrend and vise versa. The gap can be a small as 1 pip.
Thanks for sharing.Ignored