I still need a trading break soon!!! "Loose some to win more" --Baher A.
- #547,264
- Oct 5, 2011 2:13pm Oct 5, 2011 2:13pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- #547,265
- Oct 5, 2011 2:21pm Oct 5, 2011 2:21pm
- Joined Sep 2010 | Status: MR. NOBODY | 3,042 Posts
Many types of gaps. This "Gap" is the gap in price that accrued from close of the markets on Friday compared to its open this week from most all broker witch in turn leaves a uncovered price in the market and most of the time is filled before continuing..
Heres a chart from 10 or so hrs ago..
Heres a chart from 10 or so hrs ago..
Could you please explain what "filling the gap" means?
Much apriciated
I am just a damn bachelor in economics, what do I know.
T.
About the gap:
The gap is a situation, when prices suddenly starts at level different from the one the ended on lastly. Normally you see one candle or other kind of graphical expression after another, but if the gap is on the chart, there is like a hole between candles. There are 3 kinds of gaps, or should be, in technical:
1) 1) the start gap,
2) 2) the gap of escape (or measure gap),
3) 3) and the gap of exhaustion.
How to read gaps: The first one start or confirm the trend, another one is in the middle of it, that why it is called the measure gap, and the last one is showing that the trend is coming to an end.
There is a rule, that gap is always filled, but it is not true. Filling a gap means, that price is moving back, even after some time, over the gap. This shows that gap was a false signal and shouldn’t be taken into consideration.
To be honest, those one which we see now, can’t be count as a real gaps, there are to small, and happens mostly only during weekend, when we just can’t track the flow of the prices. Remember that on forex gap is a rare thing.
Some chart to show you how does it look like:
Many types of gaps. This "Gap" is the gap in price that accrued from close of the markets on Friday compared to its open this week from most all broker witch in turn leaves a uncovered price in the market and most of the time is filled before continuing..
Heres a chart from 10 or so hrs ago..
good explenation and really! Thank you!
- #547,270
- Oct 5, 2011 2:31pm Oct 5, 2011 2:31pm
- | Joined Jul 2011 | Status: Trader | 1,356 Posts
This better not break above the trend line again for a while.. Way too many fakes all ready. 
http://img32.imageshack.us/img32/8011/betternot.gif
http://img32.imageshack.us/img32/8011/betternot.gif
- #547,272
- Oct 5, 2011 2:43pm Oct 5, 2011 2:43pm
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Fighting
3330 - 3360
14 min if close above 3340 then Smile Bulls win
I could b wrong but i share my view and swim my own race
3330 - 3360
14 min if close above 3340 then Smile Bulls win
I could b wrong but i share my view and swim my own race
- #547,273
- Oct 5, 2011 2:49pm Oct 5, 2011 2:49pm
- Joined Sep 2010 | Status: MR. NOBODY | 3,042 Posts
[quote]
Man. I shouda had you just answer. I Don't like to type, but they do seam to be common as of late (100 pip gap last week). There is also a few forms of "hidden gaps" that can also offer play. One is by high momentum in the market that is filled by big boys covering..
Great post, just a 2 cent add. Liked your earlier post too..Makes me think about buying a country some day...lol
Same here, but in International Economic Relationship
About the gap:
Great post, just a 2 cent add. Liked your earlier post too..Makes me think about buying a country some day...lol
- #547,274
- Oct 5, 2011 2:51pm Oct 5, 2011 2:51pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
I am with you. Fok the Greek bastards.
No seriously, we were talking about it yesterday with sisse and Delpes. Hard subject indeed. Hard to analyze all inputs and outcomes. I would fak em, but hey, I am just a damn bachelor in economics, what do I know.
T.
Agreed on that point Tom, it is a topic that has many possible variables and involves headache after headache.
Also didn't realize you were joking in your eaerlier post. Shit is driving me nuts sometimes. The fundies i mean.Feck it, i never said i know the solution. Anyway.
@ Haqu, Dude, i value your opinion, but please don't talk
to me in that "beg to differ" tone. But other than that, i
thank you for your contribution and your opinion.
- #547,275
- Oct 5, 2011 2:54pm Oct 5, 2011 2:54pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
Really EURUSD proven not only the most active pair traded but also most active thread
If there was easy money lying around,no one would be forcing it into your
- #547,276
- Edited 3:13pm Oct 5, 2011 2:55pm | Edited 3:13pm
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
@ Haqu, Dude, i value your opinion, but please don't talk
to me in that "beg to differ" tone. But other than that, i
thank you for your contribution and your opinion.
English is not my main language, but I really love it, and the are some expressions, like "beg to differ", which it just love to use!It is nothing personal, i admire everyone on this forum who share his/her thought and gives reasons behind them, so respect man, no hard feelings
- #547,278
- Edited 3:15pm Oct 5, 2011 3:03pm | Edited 3:15pm
[quote=Chillypiper;5015791]
Thanks man Buying countries (or rather towns and islands) is now a playgroung for internet pirates, and torrents providers, to set their own rules and not being chased for breaking copyright law, so you got some competition there But mayby after gaining milions on forex, you will manage somehow (TorrentReactor bought city in Russia for only $148,000 )
Gaps are really intresting part of the market, and it is true that they are mostly caused by BIG FISHESH!
Also it is worth to say, that gap is often working as a support/resistance, so you can also use them like that
Man. I shouda had you just answer. I Don't like to type, but they do seam to be common as of late (100 pip gap last week). There is also a few forms of "hidden gaps" that can also offer play. One is by high momentum in the market that is filled by big boys covering..
Great post, just a 2 cent add. Liked your earlier post too..Makes me think about buying a country some day...lol
Buying countries (or rather towns and islands) is now a playgroung for internet pirates, and torrents providers, to set their own rules and not being chased for breaking copyright law, so you got some competition there But mayby after gaining milions on forex, you will manage somehow (TorrentReactor bought city in Russia for only $148,000 )Gaps are really intresting part of the market, and it is true that they are mostly caused by BIG FISHESH!
Also it is worth to say, that gap is often working as a support/resistance, so you can also use them like that
- #547,279
- Oct 5, 2011 3:05pm Oct 5, 2011 3:05pm
- | Joined Oct 2011 | Status: Trader | 1,010 Posts
No problem, maybe i probably could have phrased that better myself..
No harm done!
No harm done!
Sorry man, it wasn't my intention to sound like that
It is nothing personal, i admire everyone on this forum who share his/her thought and gives reasons behind them, so respect man, no hard feeling