Haha. Yea that looks like a no brainer. I had a limit at 1.5820 to buy, got down to 1.5825. I was sleeping at the time it got to 1.6 and eurusd 1.4, so i missed it. long time frames for me too. Intraday trading is too stressful, not that i have stopped doing it, but mainly following flow.
Haha. Yea that looks like a no brainer. I had a limit at 1.5820 to buy, got down to 1.5825. I was sleeping at the time it got to 1.6 and eurusd 1.4, so i missed it. long time frames for me too. Intraday trading is too stressful, not that i have stopped doing it, but mainly following flow.
pocrel
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yes, i am finding it is always filled, or comes very close to it, need to be a nice size gap say 50 points on cable into support level or resitence and it usuall closes the gap by 11pm or just after
you need to have an ig index account to open the trade and follow the prices as my alpari account does nt kick in till 11pm
50 points is pretty steep, what makes you think it will gap 50 points. I'll give it a go tonight, do you only trade the gap or if it gaps up 50 and goes a further 30 points you sell then?
pocrel
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basically when price opens tonight have alook to see where price closed on friday now lets say cable gaps 40 points from fridays close (this does not happen every week but it might gap 30 points which i find is still worth a bet)
i would be short or long straight away if it is into say a round number and a previous support area
if the gap is only 20 point its really not worth it for me but i bet it will still close the price around 11pm, as for stops 20 to 30 points is enough 50 maybe at most
I'm in. Let's see what happens.
Nvm it is. Hey your stop is 1.4030. What size do you on these trades?
Gone for eurgbp aswell. Looks like safer bet and a bigger jump relatively.
Resistence here aswell.
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pocrel
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sorry mate. i took profit at 60, so i can sleep. closed eurgbp out for a small profit also for the same reason. Owe you a beer.
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well done mate was tempted to take a profit to last night before bed but these trades tend to close the gap quicker so left it (they are usually easier and quicker than last nights trade)
looking at this morning gap has filled, if you could just discipline yourself to do this every time there is a nice gap you would be a very rich man
and the eur/gbp has just closed the gap
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well done mate was tempted to take a profit to last night before bed but these trades tend to close the gap quicker so left it (they are usually easier and quicker than last nights trade)
looking at this morning gap has filled, if you could just discipline yourself to do this every time there is a nice gap you would be a very rich man
and the eur/gbp has just closed the gap
Bottled it. Although profit is profit at the end of the day. Stupidly my bias is short EURUSD. Even now, i'm looking a retracement back to 1.3360. Then i'll look to go long. I'm not sure about these gap trades so i prefer to take profit and sleep. Not trusting these spreadbetting companies recently. IG's high was 10 points off the high on bloomberg, currenex, alpari and finspreads and about everyone, and my limit happens to be in that 10 points on usdcad the other day. cost me a grand.
pocrel
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well been a slow week for me with work, but have had some success just scalping the market nothing major just keeps you interested
gap trades went well
the gbp/chf never kicked in headed down and bottomed out at previous old support and has now formed a pin bar
this is a high probability trade and if you can just take these kind of setup you will be very wealthy
so lets see what happens next week i will be long a break off the pin bar
gap trades went well
the gbp/chf never kicked in headed down and bottomed out at previous old support and has now formed a pin bar
this is a high probability trade and if you can just take these kind of setup you will be very wealthy
so lets see what happens next week i will be long a break off the pin bar
pocrel
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out of eur +40
there was another trade that i just missed happened to quickly and that was aud/usd, wish i had an orde to short it on parity
damn market went made with bernanke speech
pocrel
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Right getting to that time of the sunday evening where we may get some GAP trades
at the 9pm open here in london so lets see, will keep you posted if i am entering anything
100% record on these trades so very little risk, i think the only currency to gap that did nt close was aud/usd recently but i was nt in the trade
so lets see what happens
at the 9pm open here in london so lets see, will keep you posted if i am entering anything
100% record on these trades so very little risk, i think the only currency to gap that did nt close was aud/usd recently but i was nt in the trade
so lets see what happens
pocrel
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not much happening tonight except for aud/usd it has nearly a 50 point gap from fridays close so i have just shorted at
9928
30 point stop
target is 9900
let see how it goes
