Very difficult for me to understand to where it will go ... but if I had to choose I would say sell {image}
{quote} You've sold at a new low... and you have no sl...??
{quote} Just because it gapped down in April doesn't mean it will happen again. The more technically correct way to trade that is as a shaved bar. Which means selling at the break of Friday's low, aiming for at least 3:2 RR and with a stoploss at the top of last week's bar. All in all that probably leaves for a minute lot size.
{quote} That to me, doesn't seem as a good idea at all, as a gap trader would simply be wagering on the chances of the price opening up higher or lower then it did on Friday. Of course this is nothing more than a gambel as gapping isn't an actual science, compared to many different methods which can be used during regular market conditions. We'll see how it works out tomorrow, and if it gaps down as I suspected it would, it doesn't mean I am some sort of a guru. I simply placed the wager based on a ton of historical data which proves that when GJ...
