Tim Black hosts the live trading room for the Asia trading session. His background is in computers and technology. He is addicted to technology, charts and technical analysis and enjoys teaching and sharing his viewpoints in these areas.The Sunday Forex gap trades have been among my most consistently profitable trading strategies. These gaps are usually smaller in sizes.Therefore forex gaps can possibly happen at anytime of the day as long as there is a disconnect of gzp price of the currency pair.Why do forSimilar ThreadsDay Trading vs.
Swing Trading vs. Gap tradng exist for a long time already. For forex, it can only take signal from friday close and sunday open thus very less trade.I have come up with a EA. A very simple one. Does anyone know of a source regarding the frequency they are filled or not. They have been massively profitable for me, but I would like to understand them better. The gap gets filled most of the time but it happens rarely in the first hours of monday trading.
My focus each day is the gap trading broker. Finding the big gappers, hunting for the catalyst, creating a watchlist, and executing my trades according to the strategy. This is the same thing everyday. Repetition is what makes us so good at these strategies. Discipline is what keeps us profitable. I trade a Gap and Go. Stock Trading Strategy. Everyday I start the same way. I look at the gappers that are more trzding 4% using my pre-market scanning tools from Trade-Ideas.
I tried one tradijg Gap Frading v4 but it did nothing (probably had trouble deciding when the new week market opened). Nimble short term traders are fading these gap moves with high winning percentages. Euro Currency Weekend Forex Broke Down. They are mainly unanticipated for and if they find you in the market without stop losses then you will brokdr in for a sock. They also very much frequently happen during news releases.Types of gapsCommon GapsThis mainly occur gap trading broker to lack trzding liquidity in the market.
So you should not be fooled by them gap trading broker there is a reversal or a trend start. Example is wen a market opens at a higher or lower level after a weekend.This gaps are short term. However as a trader you should be careful to determine whether there are other forces behind the gap before.