an unfilled gap keep me out of the market. Vbh9XT., an introduction to, forex, weekend gap trading, loading. Discussion: Do you have any suggestions or questions regarding this strategy? I recommend GBP/JPY as it showed the best results during my tests. But other JPY-based pairs should work too. Forex trades Manage them!" m/watch? Best case scenario, trading gaps using this system would give you a 50 chance of winning a trade. Please complete the form below for instant access. One of the trades had a -306 pips floating loss and the one that is currently has had -101 pips. Yesterday I was asked on my blog if I considered shorting EUR/USD risky because there was an unfilled gap above my short.
Forex market a weekly gap between the last Friday s close price and the current Monday s open price.
The gap itself takes its origin in the fact that the interbank currency market continues to react on the fundamental news during the weekend, opening on Monday at the level with the most liquidity.
Forex market never closes, not even on weekends or holidays.
These stats show how unreliable gap trading can. Broker For the analysis I used my main broker GFT Forex. Watch Queue, queue _count total loading. In my opinion gap trading isnt a viable in Forex. 6 out of 7 gaps give correct signals that result in a lot of profit. Gaps ARE NOT always filled quickly! You have to open position at the week's beginning and close it right before the end. This could lead to different results than the ones below. Forex gaps are not very common and they usually only occur at market open on Sundays.
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