Does anyone have an approach for dealing with the volatile opening gaps our market experiences after a strong overnight move? It clearly, happens more to our market than others.
My approach simply demands I act if it generates a signal but I do personally find it annoying, particularly when I feel I have to chase the price to get into a position. It keeps reminding me that its good to diversify out of our local market, possibly into the 24 hr markets. I found the US markets more 'fluid' for the short spell I lived there.
Thoughts much appreciated.
wednesday cranker, page-99
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