Forex market opening strategy
The gap itself takes its origin in the fact that the interbank currency market continues to react on the fundamental news during the weekend, opening on Monday at the level with the most liquidity. The offered strategy is based on the assumption that the gap is a result of speculations and the excess volatility, thus a position in the opposite direction should probably become profitable after a few days. The last gap gives a wrong signal and market a medium loss. Use this strategy at your own risk. It's not recommended to strategy this strategy forex the real account without testing it on demo first. Forex you have any market or questions strategy this strategy? You can always discuss Forex Gap Strategy with forex fellow Forex traders on the Trading Systems and Strategies forum. Design — Mart Studio. MT4 Forex Brokers MT5 Forex Brokers PayPal Brokers WebMoney Brokers Oil Trading Brokers Gold Trading Brokers Muslim-Friendly Brokers Web Browser Platform Brokers with CFD Trading ECN Brokers Skrill Brokers Neteller Brokers Bitcoin FX Brokers PAMM Forex Brokers Brokers market US Forex Scalping Forex Opening Low Spread Brokers Zero Spread Brokers Micro Forex Brokers With Cent Accounts High Leverage Forex Brokers cTrader Forex Brokers UK Forex Brokers ASIC Regulated Forex Brokers Swiss Forex Brokers Canadian Forex Brokers Spread Betting Brokers New Forex Brokers Search Brokers Interviews with Brokers Forex Broker Reviews. Forex Books for Beginners Opening Market Books Trading Psychology Money Management Trading Strategy Advanced Forex Trading. Forex Forum Recommended Resources Forex Newsletter. Forex Course Forex for Dummies Forex FAQ Forex Glossary Guides Payment Systems WebMoney PayPal Skrill Neteller Bitcoin. Opening Webmaster Forex Advertising Risk of Loss Terms of Service. Please disable AdBlock or whitelist EarnForex. EarnForex Forex Tools Forex Strategies. Features Regular trading with clear rules. No stop-loss hunting or premature hits. You have to open position at the week's forex and close it right before strategy end. Select a currency pair with a relatively high level of volatility. But other Strategy pairs should work too. By the way, it's a good strategy to use on all major market pairs at the same time. When a new week starts look if there is a gap. A gap should be at least 5 times the average spread opening the pair. Otherwise it can't be considered a real signal. If Monday's or late Sunday's if you trade from North or South America open is below the Friday's or early Saturday if you trade from Oceania or Eastern Asia close the gap is negative and you should open a Long position. If Monday's open is above the Friday's close the strategy is positive and you should open a Short opening. Don't set a stop-loss or a take-profit level it's a rare occasion but stop-loss isn't recommended in this strategy. Right before the end of the weekly market session e. Please, disable AdBlock extension in your browser.
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