Recent content by Livornese

This week the Gap in EUR/USD has been closed too early unfortunately but it was perfectly filled again. :sly: Oh well at the moment I'm buying dips but don't follow as I can revert any moment :cool:

...just want to say that when one's trading it's useful having in mind if a GAP has been filled or not. For example let's say if next week the opening price of EUR/USD is 1.3400 (so there is a gap of around 100 pips as the closing price of Friday was 1.3497) and I think EUR/USD will go down at...

Hej! This is a good stoploss position in my humble opinion! :innocent:

Hi, Yes of course! My sell order was at 1.3780 with stop loss at 1.3845. I know that a lot of guys know about this, but it's useful sometime to remind that Gaps are a really good tool ;) All the best!

I forgot to say... When I see Gaps (on Monday morning - European time) I take note of it and check how many pips is the Gap large. I then check the price action of the pair (I personally trade EUR/USD) and see how willing it is to go towards the trend direction (this week bearish trend). For...

Hello, Did you see the gap of this week in EUR/USD? 100 pips gap! Let's start with a bit of annoying theory first (you can skip this part as this material is not examinable). Forex gaps occur when on any currency pairs the opening price at the start of the week is different from the closing...