Locate a chart pattern. Forex gap strategy fundamental system based on the weekly gaps between fridays close price and mondays open price.
Open a chart with the common gap.
Forex gap strategy. Weekend gap trading is one popular trading strategy with foreign exchange or forex traders. Forex gap trading can be a profitable trading strategy if you know what you are doing. The beauty behind this strategy is that it is not specific to trading gaps.
I am interested in finding a way of strategy testing various sl tp levels with gap trading to. In this post i will explore the definition of a gap and hopefully get you to. Here is one of the forex gap trading strategies.
Trades against the gap leaving position open. This is a valid strategy just look for gapsthe price that currency pairs open at on sunday is different from what they closed at on friday this different is. In this post i take a close look at gap trading and explore if it really is profitable.
Gaps in the forex markets can often be seen during important news events or on the first price candles of the week when the market is closed. The best is if there is a gap around midnight time. Gap trading in forex is said to be extremely profitable.
Learn the trading rules here. Hi doshur ive downloaded your gap trading robot and will demo it. Forex gaps do not happen often but when they do you can use this forex gap trading strategy to trade them.
This strategy can be applied in slow moving markets as well as fast trending markets. While technically speaking the currency markets trade round.