Forex Gap Strategy - Forex Forum

Enivid · #1 (**permalink**) 25th May 2010, 06:52

Discuss Forex Gap Strategy here. Forex Gap Strategy is a fundamental trading strategy based on the weekly positions opened against the difference between the Friday's close and Monday's open.

sankari · #2 (**permalink**) 16th December 2011, 11:40

hello sir,

I do not clearly understand of forex Gap strategy..could u explain in any simplest method

Enivid · #3 (**permalink**) 16th December 2011, 22:38

The simplest way to explain my gap strategy:
If there's a weekly gap on Monday on GBP/JPY chart you open a position in expectation that the gap will be filled. You close the position during the last hours of Friday. That's it.

padzo · #4 (**permalink**) 18th December 2011, 12:15

how i can have this ea?

Enivid · #5 (**permalink**) 20th December 2011, 10:54

It's not an EA. It's a manual trading strategy.

sankari · #6 (**permalink**) 22nd December 2011, 11:10

respected sir,
i do not clearly understand Forex GAP strategy.. Could u explain me open position and close position.

Enivid · #7 (**permalink**) 23rd December 2011, 13:27

Quote:

Originally Posted by sankari

respected sir,
i do not clearly understand Forex GAP strategy.. Could u explain me open position and close position.

What exactly you do not understand?

arieldutchess · #8 (**permalink**) 31st December 2011, 23:45

I'm trying to understand as well. Can you send screen shots or give us more examples.
This pass Friday close was 119.495 so if Monday open is?
Also, what time will Monday open. I'm on central time zone.

Thanks,
Ariel

Enivid · #9 (**permalink**) 1st January 2012, 10:44

Quote:

Originally Posted by arieldutchess

I'm trying to understand as well. Can you send screen shots or give us more examples.
This pass Friday close was 119.495 so if Monday open is?
Also, what time will Monday open. I'm on central time zone.

Thanks,
Ariel

If Monday open will be at least 5 spreads above or below 119.495, you open a position in the direction opposite to the gap.

The opening time depends on your broker. Check their last week open time.

koy · #10 (**permalink**) 4th January 2012, 16:27

What indicators are compatible with this style (GAP Strategy) ?

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