he he
bro
we had 170 pips down gap
could not close it ina week time
then we had another gap down with this weeks open
& this monkey moved 30 pips below the 1st one in an hour after 1 week of MESS
this means gap is closed.
at least for me.
I have no gap issue anymore. until I see another.
hope I am clear.
Understood. Thanks
yes its sequeezed
it may move
or can also widen the range 5-10 pips & keeps messing in same zone
... what would mean that it delays further action until UK open...
which was bad as I had to leave for University then
I consider it closed too, but i can see needtolearns point: He defines the close-price of friday evening as the "beginning" of the gap.
This being 3075, the gap is not yet closed.
have not much faith in this trade..going against the grain...but then again what do i know...
did you increase SL from 3048?
not really. You see, as long as Iīm in front of the screen, I widen te automatic SL a little bit for not getting pinpointed and stopped by a sudden but inconsistent move. However, if I feel that my real SL (48) is achieved on a regular basis, I will close the trade manually.
like right now - I fell for the upmove and closed at 47 after it suposedly broke the red line within my chart.
Turned out to be a false friend this time... :/
If you donīt go against the grain, you would wait for a lower entry for going with the grain.
But for that to happen it has to go AGAINST THE GRAIN first
Only thing is to always stay careful & be far less greedy and more suspicious in terms of how far itīll go back
just my 2c
& smart answer
I do the same.
most smart traders do the same.
just not been stoopd with < 1pips
