DAX gap

This is a discussion on DAX gap within the Indices forums, part of the Markets category; He doesn't mean an ''actual gap'' on the chart (like an empty space drop down), he basically means trading in ...

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Old Mar 26, 2013, 4:17am   #11
 
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Joined Feb 2013
Re: DAX gap

He doesn't mean an ''actual gap'' on the chart (like an empty space drop down),
he basically means trading in the direction of hoping for a reversal of what the Dax did during the overnight asian session.

For example if Dax cash closes at 5pm UK time at 7,830,
during USA and Asian overnight session it rises to 7,860 at 6:59am,
next day at 7am when it 'officially' reopens it will be at 7,860.

And so he would then short-sell it with a target of 7,830.
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