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I think today there is a gap in the currency pair EURUSD, and whether such a gap is the mean by the title above? then how where determination untul perform entry. I think the price will go up and will penetrate previous highs in the time frame D1 this is a good strategy and with the information that my friends in this forum has given, i have tried that and got some profit with it.. i think it is good for new traders to test..
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I experience that the gap strategy entirety in forex trading, but i do not hit untold interests in it and this is event this way because the peril to fulfill gap trading comes up for a forex trader formerly in a experience so it is not a mellowed inspiration of income in my own lowly assessment. but is it back tested enough for at least two previous years , that is the question , add to that, does this strategy involves a good risk and return model associated to it
and finally i would like to ask about the money management technique associated to it , and how do we relate the outcomes of the strategy to candlestick patterns , all this questions are really hitting my logical part when i read this strategy
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Its much more simpler to us gusp strategy than any other method that can be applied in the forex industry i love trading thats why i want to be here in forex and steel keep up with the industry. Friends,. i really have used this strategy for 7 months and while i used the gap technique, i can get big profit. I am sure that you have been working on it and getting profit our of this strategy. I am going to give it a try on the next Monday.
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its a profitable strategy but too bad we can only use it once a week.and we must get up early i guess to get the best result of this strategy...and sometimes gap didnt happen too in severall weeks,is there anyone knows the reason why could it happen? sir i download your indicator of gap but sir i don't understand about open price and close price please tell me if a open price show 1.2847 and close price is 1.2858 and i see size show is 11 pips so i don't understand i go with buy or sell trade and can i use this strategy daily or just when market is open on Monday please sir tell me and solve my this problem thanks so much for you useful strategy.
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yes, same to u,Among all the advantages offered by the Forex, the chance for unlimited profits is perhaps at the top of the list. But most investors are drawn by the fact that they can be any kind of trader they cho.. Gaping in the Forex market is nothing a trader should strictly used as a strategy. The gap in the market is as a result of many things, Market rumour overnight are there, Over the weekend news are there, Retracement might be the cause etc. This calls for caution.
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Today is the opening of the weekly market there is no GAP clearly visible in the chart and not even a GAP. With this now we can not use this system. However, we can still trade using other systems that we have. but I want to know what mainly caused a proce gap? and if a price of a pair opened with gap, is it always the price to fill the gap? for i know theres a breakaway gap that seems never been filled.
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I think this is not a bad idea. Your Gap strategy is quite Good and better. I think it will get huge gap within one week. How much get from this strategy can share with us. How much % profit on this gap strategy can explain it. And there how much risk and how much profit I will get it from your strategy. , I really have used this strategy for 7 months and while i used the gap technique, i can get big profit. I am going to give it a try on the next Monday. I hope I got the idea correctly and I can make it work for me. Thanks a lot for sharing such nice idea.
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I've read your book about forex and on one page there is a statement that says that the gap to the strategy we are advised to not use the EURUSD pair somehow, but it is said that we wear better franc and pound canada paired with just my lack of understand why this kind of technique can be dangerous to the individuals who want to generate the large quantities through dealing. but I am sure that you have been operating on it and getting benefit our of this technique. I am going to provide it. so take a opportunity to generate the cash with any wait.
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Let's see gap strategy in July 16th at pair EUR/USD
- Friday's close price at 1.2248
- Monday's open price at 1.2267
Monday's open price is above Friday's close price, open sell with TP 100% at 1.2248 (because the size of gap is 1.2267 - 1.2248 = 19 pips)
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Hi, i really have used this strategy for 7 months and while i used the gap technique, i can get big profit.although once a week, my profit can be same with my another strategy. ok, try it and you will be surprised with the profit. I am going to give it a try on the next Monday. I hope I got the idea correctly and I can make it work for me. Thanks a lot for sharing such nice idea. I always liked the gap trading because it does not have any risk for the forex exchange trader applying it. But secondly, i dislike it because it offers a chance of making a small amount of pips in my own experience.