According to the notion the gap is an empty gap seen in the chart that occurs because there is a unequal in the opening price and the closing price on one candle with another. This gap is usually going to be replenished by price movements, but in reality not all price gaps that are formed will be filled again. There is a time this gap is not necessarily closed (Runaway Gap) and there is a time Gap will be a new Support Resistance.
At times like this you should be really patient and careful to see events and conditions karna this you can make one strategy to achieve profit
Gaps usually occur when a flood of buying and selling activities at one time.
Gap consists of 4 sections that you can make the main concern when trading forex.
With this then can be concluded if the gap can make a reference to ensure the destination price we want. The data will convey if the gap can be used even though it can not be in the correct condition of 100% mask, so if you want to make this gap to ensure your price objectives should indeed use fundamental analysis and technical analysis to predict where the closure direction of this gap will take place. If it does not happen it should be the trader preparing the 2nd tip to overcome it.
For some traders Monday is a happy day because this is the opening day of the weekly chart where sometimes it appears the opening time gap at 5 o'clock in the morning when compared with the closing on Friday. Pay close attention to either the position on Monday morning, whether it is price trades UP (Gap up) or price trades down (Gap down). From this position then check again whether the chart is bullish or bearish.
Calculations like this, if the gap down and bearish can open sell position and the opposite when the gap up and bullish can open buy position.
But if that happens is a gap up and bearish or gap down and bullish so you do that is waiting until the chart reversal to open a new position.
There is no certain knowledge in trading, so does the gap. Although a lot of data that show gap will be closed again and can make reference in ensuring the price remains traders should be so cautious and prepare a backup strategy even in doing the transaction.
At times like this you should be really patient and careful to see events and conditions karna this you can make one strategy to achieve profit
Gaps usually occur when a flood of buying and selling activities at one time.
Gap consists of 4 sections that you can make the main concern when trading forex.
Common Gap
This is a gap that often happens in the chart. Gap like this generally will soon be closed on the next movement when closing candle. Gaps like this generally appear when the price of natural movement of the price on a specific range as well as natural urges are so strong to make price movements.
Runaway Gap
This gap occurs when the price has penetrated the trading range, to understand this gap is actually not too difficult, when there is a price that moves within the specific price range in some periods and a breakout occurs. The breakout time will be the resistance and the breakout will be the support price.
Runaway Gap
One theory conveys this runaway gap into a measure of how long the trend will stop. Although it is difficult to pay attention to his condition, but time is really going on the middle of doing transactions hinted we should be more alert when doing the transaction.
Exhaustion Gap
Where prices move closer to the end of an up and down trend. It is also often a sign that seems to signal when the trend is over.
With this then can be concluded if the gap can make a reference to ensure the destination price we want. The data will convey if the gap can be used even though it can not be in the correct condition of 100% mask, so if you want to make this gap to ensure your price objectives should indeed use fundamental analysis and technical analysis to predict where the closure direction of this gap will take place. If it does not happen it should be the trader preparing the 2nd tip to overcome it.
For some traders Monday is a happy day because this is the opening day of the weekly chart where sometimes it appears the opening time gap at 5 o'clock in the morning when compared with the closing on Friday. Pay close attention to either the position on Monday morning, whether it is price trades UP (Gap up) or price trades down (Gap down). From this position then check again whether the chart is bullish or bearish.
Calculations like this, if the gap down and bearish can open sell position and the opposite when the gap up and bullish can open buy position.
But if that happens is a gap up and bearish or gap down and bullish so you do that is waiting until the chart reversal to open a new position.
There is no certain knowledge in trading, so does the gap. Although a lot of data that show gap will be closed again and can make reference in ensuring the price remains traders should be so cautious and prepare a backup strategy even in doing the transaction.
Comments
Post a Comment